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The Chubb Corporation (CB) released a profit for its fourth quarter that rose from the same period last year.


RTTNews | Feb 2, 2021 04:17PM EST

16:16 Tuesday, February 2, 2021 (RTTNews.com) - The Chubb Corporation (CB) released a profit for its fourth quarter that rose from the same period last year.

The company's earnings came in at $2.42 billion, or $5.34 per share. This compares with $1.17 billion, or $2.57 per share, in last year's fourth quarter.

Excluding items, The Chubb Corporation reported adjusted earnings of $1.44 billion or $3.18 per share for the period.

Analysts had expected the company to earn $2.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The Chubb Corporation earnings at a glance:

-Earnings (Q4): $1.44 Bln. vs. $1.04 Bln. last year.-EPS (Q4): $3.18 vs. $2.28 last year.-Analysts Estimate: $2.82

Read the original article on RTTNews ( https://www.rttnews.com/3166044/the-chubb-corporation-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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