Travelers Companies Q2 2024 Adj EPS $2.51 Beats $1.98 Estimate, Sales $11.283B Miss $11.341B Estimate
Portfolio Pulse from Benzinga Newsdesk
Travelers Companies (NYSE:TRV) reported Q2 2024 adjusted EPS of $2.51, beating the estimate of $1.98, while sales of $11.283 billion missed the estimate of $11.341 billion. Sales increased by 11.73% year-over-year.
July 19, 2024 | 10:59 am
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Travelers Companies reported Q2 2024 adjusted EPS of $2.51, beating the estimate of $1.98, while sales of $11.283 billion missed the estimate of $11.341 billion. Sales increased by 11.73% year-over-year.
The significant EPS beat is likely to have a positive impact on the stock price despite the slight miss in sales. The year-over-year sales growth of 11.73% also adds to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100