Insurance service provider The Travelers Companies, Inc. (NYSE: TRV) Wednesday reported an increase in revenues and earnings for the first quarter of 2024.
- First-quarter 2024 net income, on a per-share basis, increased 16% year-over-year to $4.80
- On an adjusted basis, the core net income was $4.69 per share in the March quarter, up 14% year-over-year
- Net income and core income grew in double-digits to $1.123 billion and $1.096 billion, respectively
- Total revenues increased 16% annually to $11.23 billion in Q1 from $9.7 billion in the prior-year period
- Q1 net written premiums were $10.182 billion, up 8% compared to the prior year quarter, with growth in all three segments
- The company returned a total of $620 million to shareholders during the quarter, including $388 million of share repurchases
- Book value per share was $109.28 at the end of the quarter, up 9% over March 31, 2023; adjusted book value per share rose to $125.53
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
