Travelers: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — The Travelers Cos. (TRV) on Friday reported third-quarter net income of $1.92 billion.

The New York-based company said it had profit of $9.04 per share. Earnings, adjusted for investment costs, came to $9.18 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $7.07 per share.

The insurer posted revenue of $12.41 billion in the period. Its adjusted revenue was $12.45 billion, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $12.4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRV at https://www.zacks.com/ap/TRV