Earnings Preview: Travelers

Published on Monday, 23 January 2012 13:20 Written by Danny Miller

New York, January 23rd (TradersHuddle.com) - Shares of Travelers Companies, Inc. (NYSE:TRV) are trading lower by -1.45% ahead of its quarterly earnings release. Travelers, the property and casualty insurer is expected to release its quarterly results on January 24^th.

Wall Street Analysts consensus calls for a profit of $1.52 a share on $5.46 billion revenue.

Travelers estimates have a range of $0.77 a share. The high estimate calls for profit of $1.74 a share and the low estimate is calling for a profit of $0.97 a share, a year ago for the quarter the company reported $1.89 a share.

The Travelers Companies, Inc. (NYSE:TRV) provides commercial property casualty insurance and asset management services. The Company underwrites homeowners and auto insurance through independent agents. The Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which requires a credit-based underwriting process, and property and casualty products primarily in the U.S., the United Kingdom, Ireland, and Canada. The insurer was founded in 1853 and is headquartered in St. Paul, MN

Other companies on the watch on this earnings event are The Allstate Corporation NYSE:ALL and Berkshire Hathaway Inc. NYSE:BRK.B.