17.04.2024 13:08:55 - dpa-AFX: The Travelers Companies Inc. Q1 Profit Increases, but misses estimates

ST. PAUL (dpa-AFX) - The Travelers Companies  Inc. (TRV) revealed earnings
for its first quarter that increased from last year but  missed the Street

estimates.

The company's bottom line came in at $1.12 billion, or $4.80 per share. This
compares with $975 million, or $4.13 per share, in last year's first quarter.

Excluding items, The Travelers Companies Inc. reported adjusted earnings of
$1.10 billion or $4.69 per share for the period.

Analysts on average had expected the company to earn $4.90 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 15.8% to $11.23 billion from $9.70
billion last year.

The Travelers Companies Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $1.12 Bln. vs. $975 Mln. last year.
-EPS (Q1): $4.80 vs. $4.13 last year.
-Revenue (Q1): $11.23 Bln vs. $9.70 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TRAVELERS COS INC. A0MLX4 Frankfurt 199,000 29.04.24 08:03:57 -0,350 -0,18% 0,000 0,000 199,000 199,000

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