Travelers Companies Q3 2024 Adj. EPS $5.24 Beats $3.64 Estimate, Sales $11.904B Beat $11.491B Estimate
Portfolio Pulse from Benzinga Newsdesk
Travelers Companies reported Q3 2024 earnings per share of $5.24, significantly surpassing the analyst estimate of $3.64. The company's sales also exceeded expectations, reaching $11.904 billion, a 3.60% increase over the estimate and an 11.93% increase from the previous year.
October 17, 2024 | 11:00 am
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Travelers Companies reported strong Q3 2024 results, with EPS of $5.24 beating estimates by 43.96% and sales of $11.904 billion exceeding expectations by 3.60%.
The significant beat on both EPS and sales indicates strong financial performance, likely leading to positive investor sentiment and a potential short-term increase in TRV's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100