Travelers reported Q1 FY 2016 earnings of $2.33 per share (versus $2.53 in Q1 FY 2015), missing analysts’ consensus of $2.55.
The company’s quarterly revenues amounted to $5.981 bln (+1.6% y/y), slightly below consensus estimate of $6.017 bln.
Travelers’ board of directors announced a 10% increase in the company’s regular quarterly cash dividend to $0.67 per share.
TRV fell to $115.80 (-0.40%) in yesterday’s trading session.
The post Company News: Travelers (TRV) Q1 Results Miss Analysts’ Estimates appeared first on forex-analytics.press.