Chubb Ltd beats Q3 estimates on strong acquisition profits
CB Chubb Limited
$354.95 -0.78%
View chart & analysis → - 1Chubb Ltd reported adjusted earnings per share of $7.66 for the third quarter, exceeding analysts' estimates of $6.79.
- 2Chairman Evan G. Greenberg stated that core operating profit reached $2.98 billion due to strong contributions from all business segments.
- 3Chubb Ltd returned $1.57 billion to shareholders during the quarter.
So what's the key point?
Chubb Ltd earned more profit than experts expected. The company made a lot of money from its successful business and returned some of it to shareholders.
Source Investing.com +1 · View original ↗
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