Investing.com - Chubb (NYSE:CB) reported third quarter earnings that missed analyst's expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.41 on revenue of $8.11B. Analysts polled by Investing.com expected EPS of $2.42 on revenue of $7.67B. That compared to EPS of $-0.13 on revenue of $7.36B in the same period a year earlier. The company had reported EPS of $2.68 on revenue of $8.02B in the previous quarter.
For the year, Chubb shares are down 13.43%, under-performing the S&P 500 which is up 2.12% year to date.
Chubb follows other major Financial sector earnings this month
On October 12, JPMorgan (NYSE:JPM) reported third quarter EPS of $2.34 on revenue of $27.82B, compared to forecasts of EPS of $2.26 on revenue of $27.44B.
Bank of America (NYSE:BAC) earnings beat analyst's expectations on October 15, with third quarter EPS of $0.66 on revenue of $22.78B. Investing.com analysts expected EPS of $0.62 on revenue of $22.62B
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