The Travelers Companies (TRV) Stock: Drops 4% Despite Strong Q3 Earnings and $1.92 Billion Net Income

TLDR TRV stock slides 4.02% in pre-market trading despite a strong third quarter. Travelers posts $1.917 billion in Q3 net income, rising 2% from a year ago. Core earnings rise 4% to $1.947 billion as investment income supports results. Catastrophe losses reach $538 million, up from $402 million a year earlier. Travelers buys back $1.508 [...]

The post The Travelers Companies (TRV) Stock: Drops 4% Despite Strong Q3 Earnings and $1.92 Billion Net Income appeared first on Blockonomi.