The Travelers Companies Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - The Travelers Companies Inc. (TRV) revealed earnings for its third quarter that increased from the same period last year.

The company's profit totaled $709 million, or $2.62 per share. This compares with $293 million, or $1.05 per share, in last year's third quarter.

Excluding items, The Travelers Companies Inc. reported adjusted earnings of $687 million or $2.54 per share for the period.

Analysts had expected the company to earn $2.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.3% to $7.72 billion from $7.33 billion last year.

The Travelers Companies Inc. earnings at a glance:

-Earnings (Q3): $687 Mln. vs. $253 Mln. last year. -EPS (Q3): $2.54 vs. $0.91 last year. -Analysts Estimate: $2.26 -Revenue (Q3): $7.72 Bln vs. $7.33 Bln last year.