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October 19, 2021 Newswires
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Travelers: Q3 Earnings Snapshot

Associated Press

NEW YORK (AP) _ The Travelers Cos. (TRV) on Tuesday reported third-quarter net income of $662 million.

On a per-share basis, the New York-based company said it had profit of $2.62. Earnings, adjusted for investment gains, came to $2.60 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2 per share.

The insurer posted revenue of $8.81 billion in the period. Its adjusted revenue was $8.8 billion, which also topped Street forecasts. Three analysts surveyed by Zacks expected $8.52 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

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