Company News: Travelers Companies Inc (TRV) reported better than expected fourth quarter earnings, but revenue missed forecasts

Market news

22 January 2015

Company News: Travelers Companies Inc (TRV) reported better than expected fourth quarter earnings, but revenue missed forecasts

Travelers Companies Inc (TRV) earned $3.07 per share in the fourth quarter, beating analysts' estimate of $2.53. Revenue in the fourth quarter increased 2.2% year-over-year to $5.98 billion, missing analysts' estimate of $5.99 billion.

Book value rose 10% to $77.08 per share, while adjusted book value climbed 7% to $70.98.

Travelers Companies Inc (TRV) shares increased to $107.00 (+1.90%) prior to the opening bell.

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