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
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
