Travelers (TRV) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Travelers reported revenue of $11.85 billion for the quarter ended September 2024, reflecting a year-over-year increase of 10.7% [1] - The company's EPS was $5.24, significantly higher than $1.95 in the same quarter last year, indicating a strong performance [1] - Revenue exceeded the Zacks Consensus Estimate of $11.68 billion by 1.42%, while EPS surpassed the consensus estimate of $3.79 by 38.26% [1] Financial Metrics - Combined Ratio - Consolidated: 93.2% compared to the estimated 97.4% [3] - Loss and Loss Adjustment Expense Ratio - Consolidated: 64.8% versus the estimated 68.3% [3] - Underwriting Expense Ratio - Consolidated: 28.4% against the estimated 28.5% [3] - Total Revenues - Net Investment Income: $904 million, exceeding the estimate of $882.60 million, with a year-over-year increase of 17.6% [3] - Total Revenues - Fee Income: $121 million, above the estimated $113.60 million, representing an 8% year-over-year change [3] - Total Revenues - Premiums: $10.70 billion, surpassing the estimate of $10.58 billion, with a year-over-year increase of 10.2% [3] - Total Revenues - Other Revenues: $120 million, exceeding the estimate of $99.60 million, with an 18.8% year-over-year increase [3] - Revenues - Premiums - Business Insurance: $5.47 billion, above the estimated $5.42 billion, reflecting a 10.5% year-over-year increase [3] - Revenues - Premiums - Personal Insurance: $4.42 billion, exceeding the estimate of $4.22 billion, with a 15.4% year-over-year increase [3] - Revenues - Premiums - Bond & Specialty Insurance: $1.01 billion, slightly above the estimated $998.03 million, indicating a 7.9% year-over-year increase [3] - Revenues - Other Revenues - Personal Insurance: $24 million, slightly above the estimate of $23.78 million, with no year-over-year change [3] Stock Performance - Shares of Travelers have returned +1.3% over the past month, compared to the S&P 500 composite's +3.8% change [2] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [2]