XL Capital Higher Ahead of Earnings

Published on Monday, 02 August 2010 13:12 Written by Christian Paolinetti

New York, August 2nd (TradersHuddle.com) - Shares of XL Capital Ltd (NYSE:XL) are trading higher by +1.86% ahead of its quarterly earnings release. XL Capital, the Bermuda based insurance and reinsurance provider is expected to release its quarterly results on August 3^nd.

Wall Street Analysts consensus calls for a profit of $0.64 a share on $1.22 billion revenue.

XL Capital estimates have a range of $0.25 a share. The high estimate calls for profit of $0.79 a share and the low estimate is calling for a profit of $0.54 a share, a year ago for the quarter the company reported $0.47 a share.

XL Capital Ltd (NYSE:XL), through its subsidiaries, provides global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis.