Rebroadcast-BUZZ-Preview: Travelers expects quarterly revenue to slightly decline
路透社2026/10/16 09:07Repeat, no changes in main text
October 16 - ** On Thursday, Travelers (TRV.N) shares rose 1%. The company is set to release its quarterly earnings before the market opens on Friday, with analysts expecting a decline in both revenue and profit.
** According to data from London Stock Exchange Group (LSEG), this property and casualty insurer is expected to report a 1% decrease in quarterly revenue to $11.38 billion, with adjusted earnings per share at $7.42, compared to $8.14 in the same period last year.
** Thanks to reduced catastrophe losses and strong investment returns, the company's quarterly profit in July (link) topped analysts’ expectations.
** TRV’s current share price is about 4% lower than its record closing high on July 28.
** At the start of 2026, TRV ranked among the S&P 500 constituents 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 approximately 13% increase.
** The average rating from 31 analysts is "hold", with 6 giving a "buy", 20 a "hold", and 5 a "sell" rating.
** According to data from London Stock Exchange Group (LSEG), the stock’s recent price-to-earnings ratio stands at 12, on par with its five-year average.
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