RTTNews | Oct 19, 2021 07:02AM EDT

07:02 Tuesday, October 19, 2021 (RTTNews.com) - The Travelers Companies Inc. (TRV) announced earnings for third quarter that fell from last year.

The company's earnings totaled $662 million, or $2.62 per share. This compares with $827 million, or $3.23 per share, in last year's third quarter.

Excluding items, The Travelers Companies Inc. reported adjusted earnings of $655 million or $2.60 per share for the period.

Analysts had expected the company to earn $1.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.4% to $8.81 billion from $8.28 billion last year.

The Travelers Companies Inc. earnings at a glance:

-Earnings (Q3): $655 Mln. vs. $798 Mln. last year.-EPS (Q3): $2.60 vs. $3.12 last year.-Analysts Estimate: $1.67-Revenue (Q3): $8.81 Bln vs. $8.28 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3233544/the-travelers-companies-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved