Travelers 2Q Earnings Handily Beat Expectations
Editor's Note: A previous version of this report identified Travelers as a "health insurer," the company is in fact a property and casualty insurer.
Travelers (NYSE:TRV) posted a second-quarter operating profit of $2.13 a share, easily beating expectations of $1.60 a share. Revenues of $6.67 billion also topped estimates of $5.97 billion. Shares of the blue-chip insurer jumped 3% in pre-market trading.