Investing.com - Travelers (NYSE:TRV) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Travelers announced earnings per share of $2.57 on revenue of $9.02B. Analysts polled by Investing.com anticipated EPS of $1.97 on revenue of $8.73B.
Travelers shares are up 1% from the beginning of the year and are trading at $158.20 , down-from-52-week-high.They are outperforming the Dow Jones which is down 12.28% 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 Thursday, July 14, 2022, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.89 on revenue of $31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of $0.73 on revenue of $22.69B, compared to forecast for EPS of $0.7485 on revenue of $22.72B.
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