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Shares of Travelers Companies (NYSE:TRV) fell 1.8% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 7.42% year over year to $2.62, which missed the estimate of $2.85.
Revenue of $7,908,000,000 rose by 3.09% from the same period last year, which beat the estimate of $7,420,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Travelers Companies hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Apr 21, 2020
Time: 09:02 AM ET
Webcast URL: https://78449.choruscall.com/dataconf/productusers/travelers/mediaframe/36223/indexr.html
Technicals
52-week high: $155.09
Company's 52-week low was at $76.99
Price action over last quarter: down 24.32%
Company Overview
Travelers offers a broad product range and participates in both commercial and personal insurance lines. Its commercial operations offer a variety of coverage types for companies of any size but concentrate on serving midsize businesses. Its personal lines are roughly evenly split between auto and homeowners insurance. Policies are distributed via a network of more than 11,000 brokers and independent agents.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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