Travelers Beats Q1 Earnings Estimates, Misses Revenues, Ups Dividend
The Travelers Companies (TRV) reported first-quarter 2025 core income of $1.91 per share, which beat the Zacks Consensus Estimate of 69 cents. Shares gained about 2.5% to reflect the outperformance.The bottom line, however, declined 29.3% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.).The decline was attributable to higher catastrophe losses. However, higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), hi ...