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Travelers (TRV) Lags Q1 Earnings Estimates
TravelersTravelers(US:TRV) Zacks Investment Research·2024-04-17 13:16

分组1 - Travelers reported quarterly earnings of $4.69 per share, missing the Zacks Consensus Estimate of $4.75 per share, but showing an increase from $4.11 per share a year ago, representing an earnings surprise of -1.26% [1] - The company posted revenues of $11.19 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.05%, and up from $9.7 billion year-over-year [1] - Over the last four quarters, Travelers has exceeded consensus revenue estimates four times, while surpassing EPS estimates only once [1] 分组2 - The stock has gained approximately 17.1% since the beginning of the year, outperforming the S&P 500's gain of 5.9% [2] - The current consensus EPS estimate for the upcoming quarter is $3.08 on revenues of $11.46 billion, and for the current fiscal year, it is $17.64 on revenues of $46.41 billion [4] - The Zacks Industry Rank for Insurance - Property and Casualty is in the top 20% of over 250 Zacks industries, indicating a favorable outlook for the sector [5] 分组3 - Root, Inc. is expected to report a quarterly loss of $2.51 per share, reflecting a year-over-year change of +12.9%, with revenues anticipated to be $185 million, up 163.9% from the previous year [5][6]