Travelers Companies, Inc. showed off its earnings numbers for the three months ending September 2015 on Tuesday, October 20 before the bell for the day on in New York. The firm’s earnings came in at $2.93 per share for the quarter while revenue came in at $6.8B
In the same period of last year, Travelers Companies, Inc . Managed to earn $2.25 per share. Sales for the same quarter in 2014 came in at $599B. In the three months heading into the release of today’s results, Travelers Companies, Inc . stock has gained 5.61 % of their value.
Here’s what Wall Street expected from Travelers Companies, Inc .
Heading into the publication of these numbers, Wall Street forecast that Travelers Companies, Inc . had earned $2.27 per share by consensus. Revenue was thought to have hit $6.11B for the quarter.
29 analysts were following Travelers Companies, Inc . in the months before the firm put out these numbers. 4 analysts told clients the firms were a Buy, 1 analyst said they thought investors should make the stock Overweight, 23 analysts reported that the best strategy was to Hold the shares. 1 analyst advised that their readers hold the firm Underweight and none of the analyst thought the best move was to Sell the stock ahead of earnings.
Travelers Companies, Inc . earnings in context
Travelers Companies, Inc. is a holding company. Through its subsidiaries, the Company is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, Government units, associations and individuals. The Company has three operating segments: Business and International Insurance segment, Bond & Specialty Insurance segment and the Personal Insurance segment.
For the twelve months in 2015 Wall Street thinks that Travelers Companies, Inc . will manage a profit of $9.83 per share. The full sales number for the fiscal year is expected to amount to $24.09B. In its prior fiscal year Travelers Companies, Inc . made $10.55 per share. Total revenue for the firm’s last fiscal year came in at $23.90B.