Investing.com - Travelers (NYSE:TRV) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Travelers announced earnings per share of $0.2 on revenue of $7.35B. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $7.28B.
Travelers shares are down 10% from the beginning of the year , still down 20.44% from its 52 week high of $153.65 set on September 6, 2019. They are under-performing the Dow Jones which is down 5.37% from the start of the year.
Travelers follows other major Financial sector earnings this month
Travelers's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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