The Chubb Corporation (CB) reported a profit for fourth quarter that lost ground from last year.
The company said its profit fell to $780 million, or $2.38 per share. This was down from $827 million, or $2.47 per share, in last year's fourth quarter.
Analysts had expected the company to earn $2.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The Chubb Corporation earnings at a glance:
-Earnings (Q4): $780 Mln. vs. $827 Mln. last year.
-Earnings Decline (Y-o-Y): -5.7%
-EPS (Q4): $2.38 vs. $2.47 last year.
-EPS Decline (Y-o-Y): -3.6%
-Analysts Estimate: $2.26
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