GO
Loading...

Travelers Earnings Miss Forecasts in Fourth Quarter

Travelerson Tuesday reported fourth-quarter earnings slightly below analysts' forecasts.

"In light of the fact that 2011 was the costliest catastrophe year on record for the insurance industry on a global basis, we are pleased that the strength of our businesses enabled us to generate net income of $1.4 billion and to grow book value per share by 7 percent," Jay Fishman, Chairman and Chief Executive Officer for Travelers , said in a statement.

The group earned a net income per share of $1.51 and an operating profit per share of $1.48 in the fourth quarter. Analysts had forecast earnings of $1.53 per share.

  • Get real-time quotes for Travelers here.
Symbol
Price
 
Change
%Change
TRV
---

Featured

Contact Earnings Central

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More