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Stock impact report

Here's Why Investors May Consider Betting on Chubb (CB) Now [Yahoo! Finance]

Chubb Limited (CB) 
Last chubb limited earnings: 4/21 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Chubb Limited CB has been in investors' good books owing to new business and strong renewal retention, acquisitions, positive cash flow, higher reinvestment rates, improved capital position and effective capital deployment. Growth Projections The Zacks Consensus Estimate for 2023 and 2024 earnings per share is pegged at $18.18 and $19.86, indicating an increase of 19.3% and 9.2% from the year-ago reported figure, driven by 8.7% and 6.4% higher revenues of $48.30 billion and $51.41 billion, respectively. Northbound Estimate Revision The Zacks Consensus Estimate for Chubb's 2023 and 2024 earnings has moved 1.2% and 0.5% north, respectively, in the past 30 days. This should instill investors' confidence in the stock. Earnings Surprise History Chubb has a decent earnings surprise history, beating estimates in three of the last four quarters and missing in one, the average being 3.36%.Zacks Rank & Price Performance CB currently carries a Zacks Rank #2 (Buy). In the past ye Show less Read more
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