Travelers Earnings Beat, Revenue Misses In Q1
2022.04.19 14:22
Travelers Earnings Beat, Revenue Misses In Q1
Investing.com – Travelers (NYSE:TRV) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Travelers announced earnings per share of $4.22 on revenue of $8.01B. Analysts polled by Investing.com anticipated EPS of $3.43 on revenue of $8.03B.
Travelers shares are up 18% from the beginning of the year, still down 1.47% from its 52 week high of $187.98 set on March 28. They are outperforming the Dow Jones which is down 5.3% from the start of the year.
Travelers follows other major Financial sector earnings this month
Travelers’s report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
