Company News: Travelers (TRV) Q1 Results Miss Analysts’ Estimates

Market news

21 April 2016

Company News: Travelers (TRV) Q1 Results Miss Analysts’ Estimates

Travelers reported Q1 FY 2016 earnings of $2.33 per share (versus $2.53 in Q1 FY 2015), missing analysts' consensus of $2.55.

The company's quarterly revenues amounted to $5.981 bln (+1.6% y/y), slightly below consensus estimate of $6.017 bln.

Travelers' board of directors announced a 10% increase in the company's regular quarterly cash dividend to $0.67 per share.

TRV fell to $115.80 (-0.40%) in yesterday's trading session.

Eurozone: ECB Interest Rate Decision, 0.0% (forecast 0.0%)

WSE: Mid session comment

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.