Travelers Companies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Financial Performance - Travelers Companies, Inc. is expected to report second quarter earnings of $1.98 per share, a significant increase from $0.06 per share in the same period last year [1] - The anticipated revenue for the quarter is $11.34 billion, compared to $10.32 billion a year earlier [1] - In the first quarter, core income per share was $4.69, up from $4.11 year-over-year, but missed the consensus forecast of $4.90 [1] Analyst Ratings - TD Cowen analyst downgraded the stock from Buy to Hold and reduced the price target from $252 to $230 [2] - B of A Securities maintained an Underperform rating and cut the price target from $214 to $202 [2] - JP Morgan maintained an Underweight rating but increased the price target from $220 to $242 [2] - Citigroup downgraded the stock from Neutral to Sell and slashed the price target from $226 to $200 [2] - William Blair downgraded the stock from Outperform to Market Perform [2] Stock Performance - Travelers shares fell 0.1% to close at $220.60 on Thursday [1]