Why the Market Dipped But Chubb (CB) Gained Today

Shares of the insurer witnessed a loss of 0.06% over the previous month, beating the performance of the Finance sector with its loss of 1.77% and underperforming the S&P 500's gain of 2.73%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $21.15 per share and revenue of $54.96 billion, indicating changes of -6.17% and +7.66%, respectively, compared to the previous year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. ...