Travelers announced earnings per share of $5.2 on revenue of $7.99B. Analysts polled by Investing.com anticipated EPS of $3.86 on revenue of $7.72B.
Travelers shares are up 2% from the beginning of the year, still down 4.90% from its 52 week high of $168.31 set on January 10. They are outperforming the Dow Jones which is down 3.6% from the start of the year.
Travelers’s report follows an earnings beat by JPMorgan on January 14, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on Wednesday with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
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