Street Expectation From The Travelers Companies, Inc. (TRV) 2Q20 Earnings?

The Travelers Companies, Inc. (NYSE:TRV) is set to announce second quarter earning results on Thursday 23rd July 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, TRV to report 2Q20 loss of $ 0.2 per share.

For the full year, analysts anticipate top line of $ 29317.80 million, while looking forward to income of $ 8.60 per share bottom line.

Previous Quarter Performance

The Travelers Companies, Inc. unveiled income for the first quarter of $ 2.62 per share, from the revenue of $ 7,908.00 million. The quarterly earnings dropped 7.42 percent while revenues escalated 12.06 percent compared with the same quarter last year.
The consensus estimates are income of $ 2.85 per share from $ 7422.21 million in revenue. The bottom line results missed street analysts by $ 0.23 or 8.07 percent, at the same time, top line results outshined analysts by $ 485.79 million or 6.55 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of The Travelers Companies, Inc.

Stock Performance

According to the previous trading day, closing price of TRV was $ 122.24, representing a 58.77 % increase from the 52 week low of $ 76.99 and a 20.44 % decrease over the 52 week high of $ 153.65.

The company has a market capital of $ 30.91 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 Underweight rating, with $ 107.00 target price.

Recent Stock Dividend Announcement

On April 21, 2020, the board of directors authorized quarterly dividend of $ 0.85 per share to holders of record as of the close of business on June 10, 2020, with payment date of June 30, 2020 and ex-dividend date on June 9, 2020.

Conference Call

The Travelers Companies, Inc. will be hosting a conference call at 9:00 AM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 844.895.1976 U.S. or 647.689.5389 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website services.choruscall.com/links/trv200723.html

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers compensation, commercial automobile and property, general liability, commercial multi-peril, employers liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products.

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