Travelers Earnings, Revenue Beat in Q2
2022.07.21 15:34
Travelers Earnings, Revenue Beat in Q2
Investing.com – Travelers (NYSE:TRV) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Travelers announced earnings per share of $2.57 on revenue of $9.02B. Analysts polled by Investing.com anticipated EPS of $1.97 on revenue of $8.73B.
Travelers shares are up 1% from the beginning of the year, still down 15.84% from its 52 week high of $187.98 set on March 28. They are outperforming the Dow Jones which is down 12.28% 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 July 14, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.89 on revenue of $31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of $0.73 on revenue of $22.69B, compared to forecast for EPS of $0.7485 on revenue of $22.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
