Company News: Travelers (TRV) quarterly results miss analysts’ expectations

Market news

21 April 2020

Company News: Travelers (TRV) quarterly results miss analysts’ expectations

Travelers (TRV) reported Q1 FY 2020 earnings of $2.62 per share (versus $2.83 per share in Q1 FY 2019), missing analysts' consensus estimate of $2.83 per share.

The company's quarterly revenues amounted to $7.229 bln (+5.5% y/y), slightly missing analysts' consensus estimate of $7.301 bln.

The company's Board of Directors declared regular quarterly cash dividend of $0.85 per share, an increase of 4%.

TRV fell to $99.50 (-2.24%) in pre-market trading.

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