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Travelers (TRV) Q1 Earnings Report Preview: What To Look For

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Property and casualty insurer Travelers (NYSE: TRV) will be reporting earnings this Thursday before market open. Here’s what investors should know.

Travelers beat analysts’ revenue expectations last quarter, reporting revenues of $12.45 billion, up 3.2% year on year. It was a satisfactory quarter for the company, with a beat of analysts’ EPS estimates but a significant miss of analysts’ book value per share estimates.

Is Travelers a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Travelers’s revenue to grow 3.7% year on year, slowing from the 6% increase it recorded in the same quarter last year.

Travelers Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Travelers has missed Wall Street’s revenue estimates multiple times over the last two years.

With Travelers being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for insurance stocks. However, there has been positive investor sentiment in the segment, with share prices up 3% on average over the last month. Travelers is down 1.4% during the same time .

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