Investing.com - Chubb (NYSE:CB) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chubb announced earnings per share of $4.2 on revenue of $10.3B. Analysts polled by Investing.com anticipated EPS of $3.62 on revenue of $9.95B.
Chubb shares are down 23% from the beginning of the year, still down 14.02% from its 52 week high of $218.99 set on March 29. They are under-performing the S&P 500 which is down 17.73% from the start of the year.
Chubb follows other major Financial sector earnings this month
Chubb's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
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