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Travelers Earnings Beat, Revenue Misses In Q1

Published 04/19/2022, 07:02 AM
Updated 04/19/2022, 07:02 AM
© Reuters.  Travelers Earnings Beat, Revenue Misses In Q1

© Reuters. Travelers Earnings Beat, Revenue Misses In Q1

Investing.com - Travelers (NYSE:TRV) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Travelers announced earnings per share of $4.22 on revenue of $8.01B. Analysts polled by Investing.com anticipated EPS of $3.43 on revenue of $8.03B.

Travelers shares are up 18% from the beginning of the year, still down 1.47% from its 52 week high of $187.98 set on March 28. They are outperforming the Dow Jones which is down 5.3% from the start of the year.

Travelers follows other major Financial sector earnings this month

Travelers's report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.

Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Latest comments

was revenue $8.01Bn (as stated in this article) or $8.37Bn (as stated on the Financials tab on this website)?
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