Chubb Limited (CB) reported fourth-quarter 2023 core operating income of $8.30 per share, which outpaced the Zacks Consensus Estimate by 63.7%. The bottom line doubled year over year.Chubb's results reflected record underwriting income, lower catastrophe loss, improved combined ratio across most of the segments and higher premium growth across all the segments.Quarter in DetailNet premiums written improved 13.4% year over year to $11.6 billion in the quarter, in line with our estimate. The Zacks Consensus E ...

For the quarter ended December 2023, Chubb (CB) reported revenue of $13.38 billion, up 14.7% over the same period last year. EPS came in at $8.30, compared to $4.05 in the year-ago quarter.The reported revenue represents a surprise of +3.92% over the Zacks Consensus Estimate of $12.88 billion. With the consensus EPS estimate being $5.07, the EPS surprise was +63.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...

Investors are always looking for stocks that are poised to beat at earnings season and Chubb Limited (CB) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Chubb is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator o ...

Chubb Limited (CB) is poised to continue its earnings beat streak in the fourth quarter of 2023. The results are scheduled to be released on Jan 30, after market close.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) of $5.07 is indicative of a 25.2% increase from the year-ago quarter’s reported earnings of $4.05 per share. The consensus estimate for revenues is pegged at $12.9 billion, suggesting a rise of 10.4% from the year-ago quarter’s reported figure.C ...

Wall Street analysts forecast that Chubb (CB) will report quarterly earnings of $5.07 per share in its upcoming release, pointing to a year-over-year increase of 25.2%. It is anticipated that revenues will amount to $12.88 billion, exhibiting an increase of 10.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. ...

The market expects Chubb (CB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 30, 2024, might help the stock move higher if these key numbers are bett ...

The new early warning system alerts homeowners, tenants and commercial property managers to signs of a water leak, helping to prevent damage before it occurs SMYRNA, Ga., Jan. 23, 2024 /PRNewswire/ -- StreamLabs, Inc., a Chubb company that offers smart water monitoring, leak detection and water shut-off devices and systems, has launched Scout. The new point-of-leak sensor is distinguished by its small size and contemporary design, DIY setup and ability to be used independently or as part of a StreamLabs lea ...

SOPA Images/LightRocket via Getty Images Insurance stocks have been a stealthy outperforming niche in the last several years. Despite volatile interest rates and a slew of costly natural disasters since 2021, the iShares U.S. Insurance ETF (IAK) has outperformed the global stock market. The fund has produced alpha already this year as major insurance companies get set to report Q4 numbers. I have a buy rating on Chubb Limited (NYSE:CB). I see its valuation as attractive while share-price momentum is very st ...

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Investors interested in Insurance - Property and Casualty stocks are likely familiar with Chubb (CB) and Tokio Marine Holdings Inc. (TKOMY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highligh ...