Chubb Outperforms Q1 Earnings Estimates

In its first-quarter financial report, Chubb (NYSE: CB) surpassed analysts’ earnings per share (EPS) expectations, posting $5.41 per share against the estimated $5.31. The company’s revenue also exceeded estimates, reaching $12.22 billion compared to the consensus forecast of $11.75 billion. At the close of trading, Chubb’s stock price stood at $249.60, marking a 3.47% increase over the past three months and a substantial 24.45% gain over the past year. Notably, Chubb has received 10 positive EPS revisions and 5 negative revisions in the last 90 days, indicating a mixed outlook among analysts. Investors can track Chubb’s past earnings performance and access its financial data through the Investing.com platform. Additionally, InvestingPro has evaluated Chubb’s financial health as ‘great performance,’ providing further insight into the company’s financial stability.

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