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Chubb (CB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-24 00:01
For the quarter ended March 2024, Chubb (CB) reported revenue of $13.07 billion, up 15.2% over the same period last year. EPS came in at $5.41, compared to $4.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $12.63 billion, representing a surprise of +3.43%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $5.29.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...
Chubb (CB) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-23 22:36
Chubb (CB) came out with quarterly earnings of $5.41 per share, beating the Zacks Consensus Estimate of $5.29 per share. This compares to earnings of $4.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.27%. A quarter ago, it was expected that this insurer would post earnings of $5.07 per share when it actually produced earnings of $8.30, delivering a surprise of 63.71%.Over the last four quarters, the company has surpassed ...
Chubb(CB) - 2024 Q1 - Quarterly Results
2024-04-23 20:26
Exhibit 99.2 Investor Contact Karen Beyer: (212) 827-4445 email: investorrelations@chubb.com Cautionary Statement Regarding Forward-Looking Statements Our forward-looking statements could also be affected by, among other things, competition, pricing and policy term trends, market acceptance, changes in demand, actual market developments, rating agency action, possible terrorism or the outbreak and effects of war, and such other factors identified in our filings with the Securities and Exchange Commission. R ...
Countdown to Chubb (CB) Q1 Earnings: Wall Street Forecasts for Key Metrics
Zacks Investment Research· 2024-04-18 14:21
Analysts on Wall Street project that Chubb (CB) will announce quarterly earnings of $5.26 per share in its forthcoming report, representing an increase of 19.3% year over year. Revenues are projected to reach $12.62 billion, increasing 11.3% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings an ...
Combined Insurance Continues Legacy of Military Support
Prnewswire· 2024-04-15 17:00
Presents Grants to Two Military-Focused Non-Profit Organizations; Receives 5-Star Employer Rating by VETS Indexes CHICAGO, April 15, 2024 /PRNewswire/ -- Combined Insurance Company of America, a Chubb company and a leading North American provider of supplemental insurance sold at the worksite and directly to individuals, continued its enduring commitment to the nation's military, veterans, families and communities through its Operation Veteran Giveback program. The company was also recognized as a 5-Star Em ...
Could This Undervalued Stock Make You a Millionaire One Day?
The Motley Fool· 2024-04-02 07:45
Swiss insurance and reinsurance giant Chubb Limited (CB -0.67%) may not be all that well known in the United States. That's a shame, because it frequently cracks the list of top ten companies by revenue, among insurance companies whose shares US investors can easily buy .Still, the fact that it's big enough and trusted enough to be a reinsurer -- a backstop for other insurance companies whose claims exceed their expectations -- means it's no fly by-night company. Yet its shares are currently trading at a re ...
Chubb (CB) Shares Rise 21% in 6 months: Will the Bull Run Stay?
Zacks Investment Research· 2024-03-21 18:36
Chubb  Limited’s (CB) shares have gained 21.3% in the past six months, outperforming the industry’s 15.7% growth. The Finance sector and the S&P 500 Composite have grown 17.8% and 19.3%, respectively, in the said time frame. With a market capitalization of $104.9 billion, the average volume of shares traded in the last three months was 1.7 million.A compelling portfolio, strong renewal retention, positive rate increases, strategic initiatives to fuel profitability and solid capital position continue to driv ...
Chubb Launches Global Transactional Risk Platform to Grow its Footprint Internationally
Prnewswire· 2024-03-18 13:00
Appoints Josh Cowen Senior Vice President, International Transactional RiskWHITEHOUSE STATION, N.J. and LONDON, March 18, 2024 /PRNewswire/ -- Chubb today announced the launch of a global transactional risk platform to provide transactional risk liability insurance products across international markets. Chubb has appointed Josh Cowen as Senior Vice President, International Transactional Risk to lead this initiative from London. Cowen, a seasoned mergers and acquisition (M&A) risk insurance professional, wil ...
Is Chubb Limited (CB) Outperforming Other Finance Stocks This Year?
Zacks Investment Research· 2024-03-08 15:46
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Chubb (CB) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Chubb is a member of our Finance group, which includes 856 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is lis ...
Chubb Limited Announces Pricing of $1 Billion Senior Notes Offering by Subsidiary
Prnewswire· 2024-03-05 01:45
ZURICH, March 4, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that its subsidiary, Chubb INA Holdings Inc., has priced a public offering of $1 billion of 5.000% senior notes due 2034. The notes are guaranteed by Chubb Limited.  Chubb intends to use the net proceeds for general corporate purposes, including the repayment at maturity of its $700 million 3.35% senior notes due May 15, 2024.  The joint book-running managers for the offering are Citigroup Global Markets Inc., HSBC Securities (US ...