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Chubb announced earnings per share of $3.62 on revenue of $9.55B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $8.39B.
Chubb shares are up 50% from the beginning of the year, still down 5.38% from its 52 week high of $179.01 set on March 18. They are outperforming the Nasdaq 100 which is up 16.05% from the start of the year.
Chubb’s report follows an earnings beat by Bank of America on July 14, who reported EPS of $1.03 on revenue of $21.47B, compared to forecasts EPS of $0.7706 on revenue of $21.8B.
Wells Fargo&Co had beat expectations on July 14 with second quarter EPS of $1.38 on revenue of $20.27B, compared to forecast for EPS of $0.9752 on revenue of $17.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
