Company news: Travelers (TRV) quarterly earnings strongly beat analysts’ expectations

Travelers (TRV) reported Q2 FY2024 earnings of $2.51 per share (versus $0.06 per share in Q2 FY2023), strongly beating analysts’ consensus estimate of $2.01 per share.

The company’s quarterly revenues amounted to $11.283 bln (+11.7% y/y), slightly missing analysts’ consensus estimate of $11.345 bln.

TRV rose to $224.00 (+1.54%) in pre-market trading.