Investing.com - Chubb (NYSE:CB) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.54 on revenue of $6.73B. Analysts polled by Investing.com expected EPS of $2.56 on revenue of $6.98B. That compared to EPS of $2.34 on revenue of $7.1B in the same period a year earlier. The company had reported EPS of $2.02 on revenue of $7.35B in the previous quarter.
For the year, Chubb shares are up 12.4%, under-performing the S&P 500 which is up 18.93% year to date.
Chubb follows other major Financial sector earnings this month
On Friday, April 12, 2019, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings beat analyst's expectations on Tuesday, April 16, 2019, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B
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