Travelers Stock Up 8.2% After Mixed Q2 Earnings

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Travelers reported second-quarter revenues of $12.09 billion, flat year over year and 0.9% below analyst expectations, yet its stock has risen 8.2% since the report to $365.46. The company beat earnings per share estimates but significantly missed book value per share estimates. Among the 32 property and casualty insurers tracked, revenues beat consensus by 2.3% on average, while share prices are down 1.1% since earnings. Essent Group posted the strongest quarter with revenues up 13.6% year over year to $362.7 million, beating estimates by 9.7%, and its stock is up 6% to $69.43. Radian Group was the weakest, with revenues up 90.8% to $580.7 million but a significant EPS miss, sending shares down 5.4% to $37.06.

Impact on stocks 5

Financials± Mixed · 4 stocks
Essent Group Ltd
ESNT
▲ PositiveDemandrelevance

Essent Group posted strongest quarter with revenues up 13.6% year over year, beating estimates by 9.7%, and stock up 6%.

Radian Group Inc
RDN
▼ NegativeCapitalrelevance

Radian Group had significant EPS miss despite revenue surge, sending shares down 5.4%.

Climate Adaptation & Water · 1 stocks