Travelers Aktie

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WKN DE: A0MLX4 / ISIN: US89417E1091

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19.01.2024 15:56:44

Travelers Companies Shares Rise 5% On Upbeat Q4 Results

(RTTNews) - Shares of insurance company The Travelers Companies, Inc. (TRV) are rising more than 5% Friday morning after reporting better-than-expected profit for the fourth quarter, primarily driven by growth in premium.

Earned premium increased to $9.973 billion from $8.817 billion last year.

Net income in the fourth quarter increased significantly to $1.626 billion, or $6.99 per share, from $819 million, or $3.44 per share, in the prior-year quarter.

Core income was $1.633 billion or $7.01 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $5.02 per share.

TRV, currently at $208.51, has traded in the range of $157.33 - $196.84 in the last 1 year.

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Travelers Inc (Travelers Companies) 216,50 -3,65% Travelers Inc (Travelers Companies)