Travelers Companies's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Travelers Companies (NYSE:TRV) is set to release its latest quarterly earnings report on July 20, 2023. Analysts estimate an earnings per share (EPS) of $2.08. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price the following day. The stock is currently trading at $171.02, up 9.04% over the last 52-week period.
July 19, 2023 | 3:02 pm
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Travelers Companies is expected to report an EPS of $2.08 in its upcoming earnings. Despite beating EPS estimates in the past, the company's share price has typically dropped the following day.
Travelers Companies has a history of beating EPS estimates but experiencing a drop in share price the following day. This trend, if continued, could lead to a short-term decrease in the company's stock price following the earnings announcement.
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