ZURICH (AP) — ZURICH (AP) — Chubb Corp. (CB) on Tuesday reported first-quarter earnings of $2.32 billion.
The Zurich-based company said it had profit of $5.88 per share. Earnings, adjusted for non-recurring costs, came to $6.82 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $6.48 per share.
The insurer posted revenue of $14.77 billion in the period. Its adjusted revenue was $15.3 billion, which also beat Street forecasts. Three analysts surveyed by Zacks expected $14.85 billion.
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