Investing.com - Travelers (NYSE:TRV) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $3.32 on revenue of $7.08B. Analysts polled by Investing.com expected EPS of $3.26 on revenue of $7.06B. That compared to EPS of $2.13 on revenue of $6.69B in the same period a year earlier. The company had reported EPS of $1.43 on revenue of $7.57B in the previous quarter.
For the year, Travelers shares are up 3.21%, outperforming the Dow 30 which is up 1.91% year to date.
Travelers follows other major Financial sector earnings this month
On Tuesday, January 14, 2020, JPMorgan reported fourth quarter EPS of $2.57 on revenue of $29.21B, compared to forecasts of EPS of $2.35 on revenue of $27.87B.
Bank of America earnings beat analyst's expectations on Wednesday, January 15, 2020, with fourth quarter EPS of $0.74 on revenue of $22.35B. Investing.com analysts expected EPS of $0.68 on revenue of $22.22B
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