Chubb 2Q Earnings Pregame Scorecard
Having beaten analysts' expectations in each of the last five quarters, Chubb (NYSE:CB) will announce on Thursday whether the streak is alive or snapped.
Expectations
Analysts currently expect Chubb to come in with earnings of $1.16 per share on revenues of $3.17 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $1.42.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $3.46 per share between June 25, 2012 and July 3, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $2.20 (-3%), from $72.79 to $70.59.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 11 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 0.6% to $506 million ($1.83 a share) from $509 million ($1.70 a share) the year earlier, but exceeded analyst expectations. Revenue fell 0.3% to $3.41 billion from $3.42 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012
EPS: $1.16
Revenue Estimate: $3.17 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)