The Travelers Companies (TRV) is expected to report Q3 earnings before market open Wednesday Oct. 22, with a conference call scheduled for 9:00 am.
Analysts are looking for EPS of 69c on revenue of $6.32B. The consensus range for EPS is 40c to $1.31, while the consensus range for revenue is $6.30B to $6.33B, according to First Call.
The insurer announced that its estimate for its Q3 catastrophic losses was about $690M, after-tax and net of reinsurance. Travelers added that its results would also be hurt by the poor economy. UBS predicted that poor performances by hedge funds in Q3 would hurt the insurer, because of its exposure to hedge funds.