Investing.com - Travelers (NYSE:TRV) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Travelers announced earnings per share of $4.22 on revenue of $8.37B. Analysts polled by Investing.com anticipated EPS of $3.43 on revenue of $8.03B.
Travelers shares are up 18% from the beginning of the year and are trading at $185.22 , down-from-52-week-high.They are outperforming the Dow Jones which is down 5.3% 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 Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
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