Chubb (CB) reported $15.01 billion in income for the quarter ended September 2024, representing a year-over-year improve of 6.6%. EPS of $5.72 for a similar interval compares to $4.95 a 12 months in the past.
The reported income represents a shock of -1.56% over the Zacks Consensus Estimate of $15.25 billion. With the consensus EPS estimate being $4.93, the EPS shock was +16.02%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.
Right here is how Chubb carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Loss and loss expense ratio: 63.1% versus 64.7% estimated by eight analysts on common.
- Mixed ratio: 87.7% versus 89.6% estimated by eight analysts on common.
- North America Agricultural Insurance coverage – Mixed ratio: 90.4% versus 89.5% estimated by six analysts on common.
- North America Agricultural Insurance coverage – Loss and loss expense ratio: 84.1% versus 84% estimated by six analysts on common.
- Web Premiums written- North America Private Traces: $1.68 billion versus $1.67 billion estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +10% change.
- Web funding income- Abroad Common: $286 million versus $286.89 million estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +15.3% change.
- International Reinsurance- Web funding earnings: $64 million versus the six-analyst common estimate of $56.31 million. The reported quantity represents a year-over-year change of +36.2%.
- Web Premiums written- P&C: $12.28 billion versus the six-analyst common estimate of $12.61 billion. The reported quantity represents a year-over-year change of +5.4%.
- Web premiums written- International Reinsurance: $352 million versus $299.41 million estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +34.9% change.
- Web premiums written- Insurance coverage- Abroad Common: $3.37 billion versus the six-analyst common estimate of $3.54 billion. The reported quantity represents a year-over-year change of +4.9%.
- Web funding income- North America Agricultural Insurance coverage: $20 million versus $18.62 million estimated by six analysts on common. In comparison with the year-ago quarter, this quantity represents a +66.7% change.
- Property and Casualty- Web premiums earned: $11.84 billion versus the six-analyst common estimate of $12.11 billion. The reported quantity represents a year-over-year change of +5.4%.
View all Key Company Metrics for Chubb here>>>
Shares of Chubb have returned +0.6% over the previous month versus the Zacks S&P 500 composite’s +1.7% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
(We’re reissuing this text to right a mistake. The unique article, issued on October 29, 2024, ought to now not be relied upon.)
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Chubb Limited (CB) : Free Stock Analysis Report
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