Travelers Companies, Inc. (TRV)
Why Travelers Stock Was Shattering Records This Week
The company published one of the more encouraging sets of quarterly figures so far this earnings season.
Travelers Stock Jumps to Record High as Insurer's Profits Top Estimates
Shares of The Travelers Companies (TRV) jumped more than 7% to close at a record high $264.82 Thursday, marking one of the top daily performances in the S&P 500 after the insurer reported better-than-expected profits for the third quarter.
The Travelers Companies: Great Numbers, But Can It Keep The Momentum?
The Travelers Companies reported exceptional Q3 earnings, driven by easy comps from last year, with significant growth in net income and underwriting profitability. Key financial metrics improved, including an 8% increase in net written premiums and a 211% rise in net income per diluted share. The company's combined ratio improved to 93.2%, indicating efficient profitability, and its return on equity rose to 19.2%, nearing the ideal 20%.
Why Travelers Insurance Rallied Today
The insurance giant's third-quarter result were impressive.
The Travelers Companies, Inc. (TRV) Q3 2024 Earnings Call Transcript
The Travelers Companies, Inc. (NYSE:TRV ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Abbe Goldstein - SVP, IR Alan Schnitzer - Chairman & CEO Dan Frey - CFO Gregory Toczydlowski - President, Business Insurance Jeffrey Klenk - President, Bond & Specialty Insurance Michael Klein - President, Personal Insurance Conference Call Participants Gregory Peters - Raymond James David Motemaden - Evercore ISI Mike Zaremski - BMO Robert Cox - Goldman Sachs Elyse Greenspan - Wells Fargo Brian Meredith - UBS Joshua Shanker - Bank of America Michael Phillips - Oppenheimer Operator Good morning, ladies and gentlemen. Welcome to the Third Quarter Results Teleconference for Travelers.
Travelers Q3 Earnings & Revenues Surpass Estimates, Premiums Rise Y/Y
TRV's third-quarter results reflect higher underlying underwriting gain and higher net investment income, partially offset by higher catastrophe losses.
Travelers (TRV) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Travelers (TRV) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Travelers (TRV) Q3 Earnings and Revenues Top Estimates
Travelers (TRV) came out with quarterly earnings of $5.24 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $1.95 per share a year ago.
Travelers' stock leaps toward a record as income triples, profitability improves
ravelers' stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.
Gear Up for Travelers (TRV) Q3 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Travelers (TRV) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Travelers (TRV) Earnings Expected to Grow: Should You Buy?
Travelers (TRV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
