Travelers Stock Rises on Earnings. It Set Aside Another $5 Billion for Stock Buybacks.
Core Viewpoint - The property and casualty insurer reported adjusted earnings of $11.13 per share for the fourth quarter, exceeding analysts' consensus estimates of $8.80 [1] Financial Performance - Adjusted earnings for the fourth quarter were $11.13 per share [1] - This figure represents a significant outperformance compared to the analysts' consensus estimates of $8.80 [1]