Chubb Q3 Profit Rises; Lifts Full Year Operating EPS Guidance - Quick Facts

(RTTNews) - The Chubb Corp. (CB) reported third-quarter net income of $541 million compared to $533 million, last year. Net income per share increased 6% to $2.10 from $1.98. Operating income was $529 million $2.06 per share.

On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $1.88 for the quarter. Analysts' estimates typically exclude special items.

Net written premiums increased 4% in the third quarter of 2013 to $3.0 billion. Analysts expected revenue of $2.99 billion for the quarter.

The company increased its full year 2013 operating income per share guidance to a range of $7.90 to $8.00 from the $7.30 to $7.50 range provided in July 2013. The revised guidance is based on an estimated fourth-quarter operating income per share range of $1.93 to $2.03. Analysts expect the company to report fourth-quarter profit per share of $1.90, and full year profit per share of $7.65.