Travelers (TRV) Q2 Earnings Beat, Revenues Miss Estimates
TRVTravelers(TRV) ZACKS·2024-07-20 01:25

The Travelers Companies (TRV) reported second-quarter 2024 core income of $2.51 per share, which beat the Zacks Consensus Estimate by 25.5%.  Shares gained 0.5% in the pre-market trading session to reflect the outperformance.The bottom line skyrocketed from 6 cents earned in the year-ago quarter, driven by solid underlying results, net favorable prior year reserve development and higher net investment income, partially offset by higher catastrophe losses.The Travelers Companies, Inc. Price, Consensus and EP ...