Travelers Companies (TRV) Q3 Earnings Blow Past Estimates as Catastrophe Losses Tumble – Analysts Weigh In
Stellar Q3 Lifts Earnings – Stock Reaction Travelers’ Q3 earnings report (released Oct. 16 before markets) showed robust profitability and low catastrophe losses. Core income jumped to $8.14 per diluted share reuters.com, crushing prior-year ($5.24) and analyst forecasts benzinga.com. Net income was ~$1.888B (≈$8.24/sh), up ~52% from 2024, on revenues of $12.47B (above forecasts) tokenist.com. Underwriting gains more than doubled year-over-year, helped by a swing in catastrophe costs (only $402M vs $939M prior year) reuters.com gurufocus.com. The combined ratio (losses plus expenses / premiums) was a very strong 87–84% range reuters.com gurufocus.com. Early trading on Oct. 16 saw the stock