U.S. Markets open in 5 hrs 47 mins

Chubb Earnings, Revenue Miss in Q1

Investing.com - Chubb (NYSE:CB) reported first quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.

The firm reported earnings per share of $2.54 on revenue of $6.73B. Analysts polled by Investing.com anticipated EPS of $2.56 on revenue of $6.98B. That compared to EPS of $2.34 on revenue of $7.1B in the same period a year earlier. The company had reported EPS of $2.02 on revenue of $7.35B in the previous quarter.


Chubb follows other major Financial sector earnings this month


On April 12, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.

Bank of America earnings Beat analysts' expectations on April 16, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

U.S. EPA stalls biofuel waiver transparency plan after White House blowback: sources

Newmont Goldcorp suspends payments to villages near blockaded Penasquito mine

Most U.S. small business preparing for a recession: Bank of America survey