The Travelers Companies Inc. Q2 Earnings Decline 19%

(RTTNews) - The Travelers Companies Inc. (TRV) released a profit for second quarter that retreated from last year.

The company said its profit totaled $649 million, or $2.20 per share. This was down from $806 million, or $2.52 per share, in last year's second quarter.

Analysts had expected the company to earn $2.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $6.79 billion. This was up from $6.71 billion last year.

The Travelers Companies Inc. earnings at a glance:

-Earnings (Q2): $649 Mln. vs. $806 Mln. last year. -Earnings Decline (Y-o-Y): -19.5% -EPS (Q2): $2.20 vs. $2.52 last year. -EPS Decline (Y-o-Y): -12.7% -Analysts Estimate: $2.07 -Revenue (Q2): $6.79 Bln vs. $6.71 Bln last year. -Revenue Change (Y-o-Y): 1.2%