BUZZ - Preview: Travelers' revenue is expected to decline slightly this quarter
路透社2026/10/15 18:11October 15 - ** On Thursday, Travelers (TRV.N) shares rose 1%. The company is set to release its quarterly earnings before Friday's market open, with analysts expecting a decline in both revenue and profit
** According to data from London Stock Exchange Group (LSEG), the property and casualty insurer is expected to report a 1% year-on-year drop in quarterly revenue to $11.38 billion and an adjusted earnings per share of $7.42, compared with $8.14 a year earlier
** Thanks to reduced catastrophe losses and strong investment returns, the company's quarterly profit in July (link) exceeded analysts' expectations
** TRV’s current share price is about 4% below its all-time record closing high set on July 28
** At the start of 2026, TRV was among the S&P 500 components with the lowest average analyst rating. However, TRV has gained 31.5% so far this year, far outpacing the S&P 500 index's .SPX gain of around 13%
** Currently, 31 analysts have an average rating of "hold" on the stock, with 6 issuing a "buy" rating, 20 giving a "hold" rating, and 5 recommending "sell"
** According to London Stock Exchange Group (LSEG) data, the stock's recent price-to-earnings ratio is 12 times, which is in line with the five-year average
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Resend-BUZZ-Preview: Travelers expects quarterly revenue to decline slightly
