TRV Stock Recent News

Travelers' stock (NYSE: TRV) has gained 8% YTD, as compared to the 5% rise in the S&P500 index over the same period. That said, the stock price plummeted 7.4% yesterday vs.

Travelers' (TRV) first-quarter results reflect higher underlying underwriting gain and higher net investment income, partially offset by higher catastrophe losses.

Although the revenue and EPS for Travelers (TRV) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Travelers (TRV) came out with quarterly earnings of $4.69 per share, missing the Zacks Consensus Estimate of $4.75 per share. This compares to earnings of $4.11 per share a year ago.

The property and casualty insurer misses analysts' earnings estimates.

Shares of Travelers Companies Inc. TRV dropped 1.9% in premarket trading Wednesday, after the property and casualty insurer missed expectations for profit and net premiums written, while revenue and combined ratio beat views. Net income rose to $1.12 billion, or $4.80 a share, from $975 million, or $4.13 a share, in the year-ago period.

Better performances across all three segments are likely to aid Travelers' (TRV) first-quarter results.

Beyond analysts' top -and-bottom-line estimates for Travelers (TRV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Travelers (TRV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Travelers (TRV) stock is worth buying on a compelling portfolio, strong retention rates, positive renewal premium changes, strong returns from the non-fixed income portfolio and sufficient liquidity.