The Travelers Companies Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - The Travelers Companies Inc. (TRV) reported earnings for its third quarter that Increased from the same period last year and beat the Street estimates.

The company's earnings came in at $1.888 billion, or $8.24 per share. This compares with $1.260 billion, or $5.42 per share, last year.

Excluding items, The Travelers Companies Inc. reported adjusted earnings of $1.867 billion or $8.14 per share for the period.

Analysts on average had expected the company to earn $6.32 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.8% to $12.470 billion from $11.904 billion last year.

The Travelers Companies Inc. earnings at a glance (GAAP) :

-Earnings: $1.888 Bln. vs. $1.260 Bln. last year. -EPS: $8.24 vs. $5.42 last year. -Revenue: $12.470 Bln vs. $11.904 Bln last year.