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New York-based The Travelers Companies, Inc. (TRV) operates as a holding company focused on providing commercial and personal property & casualty insurance products and services. Valued at $62.5 billion by market cap, Travelers operates through Business Insurance, Bond & Specialty Insurance, and Personal Insurance segments.
The insurance giant is set to unveil its third-quarter results before the market opens on Thursday, Oct. 16. Ahead of the event, analysts expect TRV to deliver an adjusted profit of $5.30 per share, up 1.2% from $5.24 per share reported in the year-ago quarter. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.