Chubb (CB - Free Report) reported $11.67 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 14.1%. EPS of $4.05 for the same period compares to $3.81 a year ago.
The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $11.58 billion. With the consensus EPS estimate being $4.22, the EPS surprise was -4.03%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chubb performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Loss and loss expense ratio: 62.1% versus 59.11% estimated by six analysts on average.
- Combined ratio: 88% versus the six-analyst average estimate of 86.37%.
- Property and casualty-Expense Ratio: 62.1% versus the five-analyst average estimate of 27.01%.
- Policy acquisition cost ratio - North America Agricultural Insurance: 2.4% versus the four-analyst average estimate of 4.36%.
- Policy acquisition cost ratio -Overseas General Insurance: 26.4% compared to the 26.93% average estimate based on four analysts.
- Administrative expense ratio - Overseas General Insurance: 9.5% versus 10.79% estimated by four analysts on average.
- Policy acquisition cost ratio - Global Reinsurance: 29.8% versus 24.85% estimated by four analysts on average.
- Administrative expense ratio - Global Reinsurance: 4.2% versus the four-analyst average estimate of 4.68%.
- Combined ratio - North America Personal P&C Insurance: 89.3% versus the four-analyst average estimate of 87.5%.
- Loss and loss expense ratio - North America Personal P&C Insurance: 63.5% versus 61.3% estimated by four analysts on average.
- Policy acquisition cost ratio - North America Personal P&C Insurance: 19.9% versus 20.37% estimated by four analysts on average.
- Administrative expense ratio - North America Personal P&C Insurance: 5.9% versus 5.83% estimated by four analysts on average.
View all Key Company Metrics for Chubb here>>>
Shares of Chubb have returned +2.5% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Chubb (CB - Free Report) reported $11.67 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 14.1%. EPS of $4.05 for the same period compares to $3.81 a year ago.
The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $11.58 billion. With the consensus EPS estimate being $4.22, the EPS surprise was -4.03%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Chubb performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Chubb here>>>
Shares of Chubb have returned +2.5% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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