Earnings Recap: Chubb Limited (NYSE: CB)

On Friday, Shares of Chubb Limited (NYSE: CB) rose 0.46% to $145.00. The stock traded total volume of 12,536 shares lower than the average volume of 1.49M shares.

Chubb Corp. (CB) stated fourth-quarter profit of $355.0M. On a per-share basis, the Zurich-based company said it had profit of 76 cents. Earnings, adjusted for non-recurring costs and amortization costs, were $2.02 per share. The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The insurer posted revenue of $8.440B in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $7.720B.

For the year, the company stated profit of $3.960B, or $8.49 per share. Revenue was stated as $33.80B.

CB has the market capitalization of $66.48B and its EPS growth ratio for the past five years was -5.00%. The return on assets ratio of the Company was 2.40% while its return on investment ratio stands at 6.50%. Price to sales ratio was 2.03 while 90.60% of the stock was owned by institutional investors.

Jerry Simmons

I am Jerry Simmons and I focus on breaking news stories and ensuring we (“Digital Wall”) offer timely reporting on some of the most recent stories released through market wires about “Financial” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Digital Wall specializing in quicker moving active shares with a short term view on investment opportunities and trends. <strong>Address:</strong> 4042 Braxton Street, Sterling, IL 61081, USA <strong>Phone:</strong> (+1) 815-535-4324 <strong>Email: </strong>[email protected]

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On Friday, Shares of Chubb Limited (NYSE: CB) rose 0.46% to $145.00. The stock traded total volume of 12,536 shares lower than the average volume of 1.49M shares. Chubb Corp. (CB) stated fourth-quarter profit of $355.0M. On a per-share basis, the Zurich-based company said it had profit of 76 cents. Read the full article…