The Chubb Corporation Profit Climbs 16% In Q1

(RTTNews) - The Chubb Corporation (CB) revealed earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $1.18 billion, or $2.48 per share. This was higher than $1.02 billion, or $2.26 per share, in last year's first quarter.

Analysts had expected the company to earn $2.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The Chubb Corporation earnings at a glance:

-Earnings (Q1): $1.18 Bln. vs. $1.02 Bln. last year. -Earnings Growth (Y-o-Y): 15.7% -EPS (Q1): $2.48 vs. $2.26 last year. -EPS Growth (Y-o-Y): 9.7% -Analysts Estimate: $2.43