Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ - Preview: Travelers' revenue is expected to decline slightly this quarter

BUZZ - Preview: Travelers' revenue is expected to decline slightly this quarter

路透社路透社2026/10/15 18:11
Show original

- ** On Thursday, Travelers (TRV.N) shares rose 1%. The company is set to release its quarterly earnings before Friday's market open, with analysts expecting a decline in both revenue and profit

** According to data from London Stock Exchange Group (LSEG), the property and casualty insurer is expected to report a 1% year-on-year drop in quarterly revenue to $11.38 billion and an adjusted earnings per share of $7.42, compared with $8.14 a year earlier

** Thanks to reduced catastrophe losses and strong investment returns, the company's quarterly profit in July (link) exceeded analysts' expectations

** TRV’s current share price is about 4% below its all-time record closing high set on July 28

** At the start of 2026, TRV was among the S&P 500 components with the lowest average analyst rating. However, TRV has gained 31.5% so far this year, far outpacing the S&P 500 index's .SPX gain of around 13%

** Currently, 31 analysts have an average rating of "hold" on the stock, with 6 issuing a "buy" rating, 20 giving a "hold" rating, and 5 recommending "sell"

** According to London Stock Exchange Group (LSEG) data, the stock's recent price-to-earnings ratio is 12 times, which is in line with the five-year average


(To assist non-native English speakers, Reuters provides automated translations of its reports into several other languages. As automated translation may be inaccurate or lack necessary context, Reuters does not guarantee the accuracy of automated translation texts, which are provided solely for readers’ convenience. Reuters accepts no liability for any damage or loss caused by the use of automated translation functions.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!