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The Travelers Companies Inc. Q4 Profit Increases, beats estimates

The Travelers Companies Inc. (TRV) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $1.33 billion, or $5.37 per share. This compares with $1.31 billion, or $5.10 per share, in last year's fourth quarter.

Excluding items, The Travelers Companies Inc. reported adjusted earnings of $1.29 billion or $5.20 per share for the period.

Analysts on average had expected the company to earn $3.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $9.01 billion from $8.40 billion last year.

The Travelers Companies Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $1.33 Bln. vs. $1.31 Bln. last year.
-EPS (Q4): $5.37 vs. $5.10 last year.
-Analyst Estimate: $3.85
-Revenue (Q4): $9.01 Bln vs. $8.40 Bln last year.

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