Investing.com - Travelers reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.43 on revenue of $7.18B. Analysts polled by Investing.com anticipated EPS of $2.35 on revenue of $7.37B. That compared to EPS of $2.54 on revenue of $7.06B in the same period a year earlier. The company had reported EPS of $2.02 on revenue of $7.45B in the previous quarter.
Travelers follows other major Financial sector earnings this month
On October 15, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.47B.
Bank of America earnings beat analysts' expectations on October 16, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.54 on revenue of $22.58B
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