The Travelers Companies, Inc. (NYSE: TRV ) came out with a blowout Q3 earnings report that comfortably beat consensus in every aspect. I wanted to go through some numbers and give some comments on performance and what I think aboutMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from t ...

The insurance giant's third-quarter result were impressive.Shares of The Travelers Companies (TRV 8.68%) had rallied by 7.6% on Thursday as of 2:09 p.m. ET, after the insurance giant reported third-quarter results before the opening bell that blew away estimates.Travelers' profits soarIn the third quarter, Travelers' net written premiums rose by 10% to $10.7 billion. That led to earnings rising by an incredible 102% to $5.24 per share, which handily beat the consensus estimate of just $3.59 per share.That m ...

The Travelers Companies, Inc. (NYSE:TRV) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Abbe Goldstein - SVP, IR Alan Schnitzer - Chairman & CEO Dan Frey - CFO Gregory Toczydlowski - President, Business Insurance Jeffrey Klenk - President, Bond & Specialty Insurance Michael Klein - President, Personal Insurance Conference Call Participants Gregory Peters - Raymond James David Motemaden - Evercore ISI Mike Zaremski - BMO Robert Cox - Goldman Sachs Elyse Greenspan - Wells Fa ...

The biggest day of economic reports has begun, with numbers feeding Q3 GDP accounts yet to come. The only people disappointed this morning will be people who are looking for an economic downturn in the United States. It ain’t happening.Off new closing highs, the Dow is up another +58 points at this hour. The S&P 500, nearing an all-time closing high of its own yesterday, is up another +25 points. The Nasdaq, having lagged the other industries over the past couple trading sessions, is up a strong +164 points ...

The Travelers Companies (TRV) reported third-quarter 2024 core income of $5.24 per share, which beat the Zacks Consensus Estimate by 38.2%. The bottom line more than doubled from the year-ago quarter, driven by a higher underlying underwriting gain, improved net favorable prior-year reserve development and higher net investment income. It was partially offset by higher catastrophe losses.Behind Q3 HeadlinesTravelers’ total revenues increased 10.7% from the year-ago quarter to $11.84 billion, primarily drive ...

For the quarter ended September 2024, Travelers (TRV) reported revenue of $11.85 billion, up 10.7% over the same period last year. EPS came in at $5.24, compared to $1.95 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $11.68 billion, representing a surprise of +1.42%. The company delivered an EPS surprise of +38.26%, with the consensus EPS estimate being $3.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

TRAVELERS J THIRD QUARTER 2024 RESULTS October 17, 2024 LONG-TERM FINANCIAL STRATEGY CREATE SHAREHOLDER VALUE Objective: Mid–Teens Core ROE Over Time Meaningful and sustainable competitive advantages Generation of top-tier earnings and capital substantially in excess of growth needs Balanced approach to rightsizing capital and growing book value per share over time 2 THIRD QUARTER 2024 OVERVIEW Travelers Reports Excellent Third Quarter and Year-to-Date Results Third Quarter 2024 Net Income per Diluted Share ...

Travelers (TRV) came out with quarterly earnings of $5.24 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $1.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.26%. A quarter ago, it was expected that this insurer would post earnings of $2 per share when it actually produced earnings of $2.51, delivering a surprise of 25.50%.Over the last four quarters, the company has surpas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________ FORM 10-Q _________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or | --- | --- | --- | --- | |---------------------|--------------------------------------------------------------------------------------------------------------------------- ...

The Travelers Companies, Inc. Financial Supplement - Third Quarter 2024 Exhibit 99.2 | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------|---------------| | | Page Number | | Consolidated Results Financial Highlights | 1 | | Reconciliation to Net Income (Loss) and Earnings Per Share | 2 | | Statement of Income (Loss) | 3 | | Net Income (Loss) by Major Component and Combined Ratio | 4 | | Core Income ...