Chubb Limited (NYSE:CB) is reporting second quarter financial results on Tuesday 28th July 2020, after market close.
According to analysts surveyed by Thomson Reuters, CB is expected to report 2Q20 loss of $ 0.66 per share from revenue of $ 7696.00 million.
For the full year, analysts anticipate top line of $ 30791.30 million, while looking forward to income of $ 7.01 per share bottom line.
Previous Quarter Performance
Chubb Limited reported income for the first quarter of $ 2.68 per share, from the revenue of . The quarterly earnings grew 6.11 percent compared with the same quarter last year. According to street consensus, income of $ 2.57 was expected per share The bottom line results beat street analysts by $ 0.11 or 4.28 percent, at the same time, top line results analysts by $ 83.09 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CB was $ 132.39, representing a 51.56 % increase from the 52 week low of $ 87.35 and a 21.07 % decrease over the 52 week high of $ 167.74.
The company has a market capital of $ 59.76 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
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Recent Analyst recommendations
- On 15th July 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 130.00 target price.
- On 7th July 2020, maintained by Bank of America at Underperform rating, with $ 114.00 target price.
- On 7th July 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 150.00 target price.
- On 7th July 2020, maintained by Deutsche Bank at Hold rating, with $ 135.00 target price.
Recent Stock Dividend Announcement
On May 20, 2020, the board of directors authorized quarterly dividend of $ 0.78 per share to holders of record as of the close of business on June 19, 2020, with payment date of July 10, 2020 and ex-dividend date on June 18, 2020.
Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The companys North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers compensation, package policies, and risk management; professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services in the United States and Canada.
