Investing.com - Travelers (NYSE:TRV) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Travelers announced earnings per share of $4.91 on revenue of $7.27B. Analysts polled by Investing.com anticipated EPS of $3.16 on revenue of $7.3B.
Travelers shares are up 3% from the beginning of the year and are trading at $145.02 , down-from-52-week-high.They are outperforming the Dow Jones which is up 1.9% from the start of the year.
Travelers follows other major Financial sector earnings this month
Travelers's report follows an earnings beat by JPMorgan on January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on Wednesday with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.97B.
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