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- Company news: Travelers (TRV) quarterly results strongly beat analysts’ estimates
Ekonomické zprávy
19.04.2023
Company news: Travelers (TRV) quarterly results strongly beat analysts’ estimates
Travelers (TRV) reported Q1 FY2023 earnings of $4.11 per share (versus $4.22 per share in Q1 FY2022), beating analysts’ consensus estimate of $3.59 per share.
The company’s quarterly revenues amounted to $9.704 bln (+10.2% y/y), beating analysts’ consensus estimate of $8.983 bln.
Also, the company's Board of Directors declared an 8% increase in quarterly cash dividend to $1.00/share and authorized an additional $5 bln of share repurchases.
TRV rose to $179.10 (+4.13%) in pre-market trading.
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