Investing.com - Chubb (NYSE:CB) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.02 on revenue of $6.77B. Analysts polled by Investing.com forecast EPS of $1.98 on revenue of $6.93B. That compared to EPS of $2.28 on revenue of $8.03B in the same period a year earlier. The company had reported EPS of $2.41 on revenue of $8.11B in the previous quarter.
Chubb shares lost 0.01% to trade at $134.46 in after-hours trade following the report.
Chubb shares lost 0.01% to trade at $134.46 in after-hours trade following the report.
For the year, Chubb shares are up 4.1%, under-performing the S&P 500 which is up 10.49% year to date.
Chubb follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Bank of America earnings beat analyst's expectations on Wednesday, January 16, 2019, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar