Chubb Earnings, Revenue Beat in Q4
Investing.com - Chubb (NYSE:CB) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chubb announced earnings per share of $2.28 on revenue of $8.00B. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $7.38B. That with comparison to EPS of $2.02 on revenue of $7.35B in the same period a year before. Chubb had reported EPS of $2.7 on revenue of $8.62B in the previous quarter. Analysts are expecting EPS of $2.73 and revenue of $7.43B in the upcoming quarter.
Chubb shares are down 2% from the beginning of the year , still down 4.92% from its 52 week high of $162.44 set on October 4, 2019. They are under-performing the S&P 500 which is up 1.65% year to date.
Chubb shares gained 1.66% in after-hours trade after the report.
Chubb follows other major Financial sector earnings this month
Chubb's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $2.57 on revenue of $29.21B, compared to forecasts EPS of $2.35 on revenue of $27.87B.
Mastercard had beat expectations on January 29 with fourth quarter EPS of $1.96 on revenue of $4.41B, compared to forecast for EPS of $1.87 on revenue of $4.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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