EPS and revenue estimates
Chubb Limited (CB) reported earnings per share (or EPS) of $2.50 in 2Q17, which beat Wall Street analyst estimates of $2.47, mainly due to Chubb’s strong investment income and underwriting results. However, the company reported revenues of $7.06 billion in 2Q17 and missed the Wall Street analyst estimate of $7.12 billion. Other insurance companies (IYF) have posted the following revenues in 2Q17:
The company has managed to report net income of $1.3 billion in 2Q17, thus reflecting the substantial rise of 79.6% from the net income posted in 2Q16. In 2Q17, Chubb has managed to report operating income on the post-tax basis of $1.2 billion, thus reflecting the substantial rise of 11.4% on a YoY basis. However, considering the period between January 2017 and June 2017, the company has managed to generate operating income on a post-tax basis of $2.4 billion.