The Travelers Companies Inc. Q4 Profit Decreases, misses estimates
(RTTNews) - The Travelers Companies Inc. (TRV) revealed earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $819 million, or $3.44 per share. This compares with $1.33 billion, or $5.37 per share, in last year's fourth quarter.
Excluding items, The Travelers Companies Inc. reported adjusted earnings of $810 million or $3.40 per share for the period.
Analysts on average had expected the company to earn $4.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
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