Travelers (TRV) Tops Q4 EPS by 77c
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Travelers Reports Fourth Quarter Net Income and Core Income per Diluted Share of $1.98 and $2.28, Respectively, Including Catastrophe Losses of $1.17 per Diluted Share
January 23, 2018 6:57 AM ESTFourth Quarter Return on Equity and Core Return on Equity of 9.3% and 11.1%, Respectively
Full Year Net Income and Core Income of $2.056 Billion and $2.043 Billion, Respectively, Including Catastrophe Losses of $1.949 Billion Pre-Tax ($1.267 Billion After-Tax)
Full Year Return on Equity and Core Return on Equity of 8.7% and 9.0%, Respectively
Fourth quarter net income of $551 million and core income of $633 million, including $499 million pre-tax ($324 million after-tax) of catastrophe losses. Fourth quarter net income also included a charge of $129 million related to the passage of the Tax Cuts and Jobs Act of 2017.... More