D/B/A Chubb Limited New (NYSE:CB) Issues Earnings Results, Beats Expectations By $0.11 EPS

D/B/A Chubb Limited New (NYSE:CB) posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.11, Briefing.com reports. D/B/A Chubb Limited New had a net margin of 12.15% and a return on equity of 7.22%. The company had revenue of $7.36 billion during the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the previous year, the business posted $2.88 EPS. The firm’s revenue was up 4.6% on a year-over-year basis.

D/B/A Chubb Limited New (NYSE CB) opened at $151.35 on Friday. The company has a market cap of $70,260.00, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30. D/B/A Chubb Limited New has a 12-month low of $124.10 and a 12-month high of $156.00.

In other D/B/A Chubb Limited New news, insider John J. Lupica sold 16,674 shares of the company’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $152.02, for a total transaction of $2,534,781.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by corporate insiders.

CB has been the subject of several analyst reports. Zacks Investment Research cut shares of D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Tuesday, July 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. Raymond James Financial, Inc. boosted their price target on shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $156.55.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.dispatchtribunal.com/2017/11/12/dba-chubb-limited-new-cb-releases-quarterly-earnings-results-beats-expectations-by-0-11-eps.html.

D/B/A Chubb Limited New Company Profile

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

Earnings History for D/B/A Chubb Limited New (NYSE:CB)

Receive News & Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply