Key TakeawaysThe Travelers Companies reported a gain in second-quarter revenue and net premiums written, but they both fell short of estimates and shares declined Friday.The big insurer also saw catastrophe losses rise by $30 million because of what it called "severe convective storms."Adjusted profit was higher than forecasts. The Travelers Companies (TRV) shares dropped in intraday trading Friday as the big insurance provider missed estimates for second-quarter sales and net premiums written. The company ...

The Travelers Companies, Inc. (NYSE:TRV) Q2 2024 Earnings Conference Call July 19, 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 David Motemaden - Evercore ISI Elyse Greenspan - Wells Fargo Robert Cox - Goldman Sachs Gregory Peters - Raymond James Joshua Shanker - Ba ...

For the quarter ended June 2024, Travelers (TRV) reported revenue of $11.35 billion, up 12% over the same period last year. EPS came in at $2.51, compared to $0.06 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $11.47 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of +25.50%, with the consensus EPS estimate being $2.00.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Travelers (TRV) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.50%. A quarter ago, it was expected that this insurer would post earnings of $4.75 per share when it actually produced earnings of $4.69, delivering a surprise of -1.26%.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 June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ ____________________________________ ...

The Travelers Companies, Inc. Financial Supplement - Second 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 ...

Loading...Loading...The Travelers Companies, Inc. TRV will release its second quarter financial results, before the opening bell on Friday, July 19.Analysts expect the New York-based company to report quarterly earnings at $1.98 per share, up sharply from 6 cents per share in the year-ago period. Travelers is expected to post revenue of $11.34 billion, compared to $10.32 billion a year earlier, according to data from Benzinga Pro.On April 17, Travelers reported a mixed first quarter, with earnings lagging a ...

The Travelers Companies, Inc. (TRV) is set to report second-quarter 2024 earnings on Jul 19. The company delivered an earnings surprise in one of the last reported quarters while missing in the other three.Factors to ConsiderBetter performances across all three segments are likely to aid Travelers’ second-quarter results.Better pricing, solid renewal rate change, strong retention and exposure growth are likely to have aided premiums in the to-be-reported quarter. The Zacks Consensus Estimate is currently pe ...

The Travelers Companies, Inc. (TRV) shares have gained 21.1% in a year, outperforming the industry’s increase of 19.9% and the Finance sector’s rise of 20.5% in the said time frame.Strong renewal rate change, solid retention, increase in new business supported by a compelling portfolio and solid capital position continue to drive this Zacks Rank #3 (Hold) insurer. Earnings of TRV, one of the leading writers of auto and homeowners’ insurance plus commercial U.S. property-casualty insurance, increased 8.8% in ...

The market expects Travelers (TRV) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...