ACE Ltd. (ACE) reported first quarter operating income of $2.17 per share after the close Monday, up from $2.05 per share in the prior year. The consensus estimate was for EPS of $1.94. The company also increased its operating EPS forecast to between $7.10 and $7.50, from previous expectations of $6.60 to $7.00. The consensus estimate is for EPS of $7.85. The stock is now up 1.84 on 10K shares.
ACE traded in a range for the bulk of Monday's session and closed up by 0.24 at $89.27.
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