Investing.com - Travelers (NYSE:TRV) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Travelers announced earnings per share of $0.2 on revenue of $7.35B. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $7.28B.
Travelers shares are down 10% from the beginning of the year and are trading at $122.24 , down-from-52-week-high.They are under-performing the Dow Jones which is down 5.37% from the start of the year.
Travelers follows other major Financial sector earnings this month
Travelers's report follows an earnings beat by JPMorgan on Tuesday, July 14, 2020, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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