Investing.com - Travelers (NYSE:TRV) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.83 on revenue of $7.06B. Analysts polled by Investing.com anticipated EPS of $2.74 on revenue of $7.1B. That compared to EPS of $2.46 on revenue of $6.82B in the same period a year earlier. The company had reported EPS of $2.13 on revenue of $6.69B in the previous quarter.
Travelers follows other major Financial sector earnings this month
On April 12, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings Beat analysts' expectations on Tuesday, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.2B
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