NEW YORK (AP) — NEW YORK (AP) — The Travelers Cos. (TRV) on Wednesday reported fourth-quarter net income of $2.08 billion.
On a per-share basis, the New York-based company said it had profit of $8.96. Earnings, adjusted for investment costs, were $9.15 per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $6.57 per share.
The insurer posted revenue of $12.01 billion in the period. Its adjusted revenue was $12.06 billion, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $11.94 billion.
For the year, the company reported profit of $5 billion, or $21.47 per share. Revenue was reported as $46.45 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRV at https://www.zacks.com/ap/TRV
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
