WASHINGTON (dpa-AFX) - The Chubb Corporation (CB) released a profit for its fourth quarter that rose from the same period last year.
The company's earnings came in at $2.42 billion, or $5.34 per share. This compares with $1.17 billion, or $2.57 per share, in last year's fourth quarter.
Excluding items, The Chubb Corporation reported adjusted earnings of $1.44 billion or $3.18 per share for the period.
Analysts had expected the company to earn $2.82 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The Chubb Corporation earnings at a glance:
-Earnings (Q4): $1.44 Bln. vs. $1.04 Bln. last year. -EPS (Q4): $3.18 vs. $2.28 last year. -Analysts Estimate: $2.82
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