Travelers (NYSE:TRV) reported second quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.02 on revenue of $7.45B. Analysts polled by forecast EPS of $2.29 on revenue of $7.41B. That compared to EPS of $1.81 on revenue of $7.13B in the same period a year earlier. The company had reported EPS of $2.83 on revenue of $7.06B in the previous quarter.
Travelers follows other major Financial sector earnings this month
On July 16, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.
Bank of America earnings beat analysts' expectations on July 17, with second quarter EPS of $0.74 on revenue of $23.08B. analysts expected EPS of $0.71 on revenue of $23.11B
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