Investing.com - Chubb (NYSE:CB) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chubb announced earnings per share of $-0.56 on revenue of $8.36B. Analysts polled by Investing.com anticipated EPS of $-0.66 on revenue of $7.96B.
Chubb shares are up 6% from the beginning of the year , still down 21.41% from its 52 week high of $167.74 set on February 6. They are under-performing the Nasdaq which is up 15.93% from the start of the year.
Chubb follows other major Financial sector earnings this month
Chubb's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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