Here's What Key Metrics Tell Us About Travelers (TRV) Q1 Earnings

Core Insights - Travelers reported $11.19 billion in revenue for Q1 2024, a year-over-year increase of 15.4% [1] - EPS for the same period was $4.69, compared to $4.11 a year ago, reflecting a positive trend [1] - Revenue exceeded the Zacks Consensus Estimate by 0.05%, while EPS fell short by 1.26% [1] Financial Metrics - Combined Ratio - Consolidated: 93.9%, matching the nine-analyst average estimate [3] - Loss and Loss Adjustment Expense Ratio - Consolidated: 65.2%, slightly better than the average estimate of 65.3% [3] - Underwriting Expense Ratio - Consolidated: 28.7%, close to the estimated 28.6% [3] - Combined Ratio - Bond & Specialty Insurance: 84.5%, worse than the average estimate of 81.3% [3] - Total Revenues - Other Revenues: $112 million, exceeding the estimate of $84.87 million, a year-over-year increase of 49.3% [3] - Total Revenues - Net Investment Income: $846 million, surpassing the estimate of $807.55 million, a year-over-year increase of 27.6% [3] - Total Revenues - Premiums: $10.13 billion, slightly below the estimate of $10.18 billion, with a year-over-year increase of 14.4% [3] - Total Revenues - Fee Income: $109 million, slightly below the estimate of $110.87 million, a year-over-year increase of 2.8% [3] - Revenues - Premiums - Bond & Specialty Insurance: $956 million, below the estimate of $966.97 million, a year-over-year increase of 9.3% [3] - Revenues - Premiums - Personal Insurance: $4.01 billion, slightly below the estimate of $4.02 billion, a year-over-year increase of 14.5% [3] - Revenues - Premiums - Business Insurance: $5.16 billion, matching the estimate, with a year-over-year increase of 15.3% [3] - Revenues - Fee Income - Business Insurance: $101 million, below the estimate of $103.80 million, a year-over-year increase of 2% [3] Stock Performance - Shares of Travelers have returned -0.2% over the past month, compared to the Zacks S&P 500 composite's -1.1% change [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [2]