CB Earnings Prediction
The chart below shows how CB performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CB sees a -2.22% change in stock price 10 days leading up to the earnings, and a +0.03% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
CB Key Earning Data
CB Earnings Analysis
Positive
Strong Underwriting Performance: Record P&C underwriting income of $1,600,000,000 with a world-class combined ratio of 85.7, contributing to core operating income of $2,500,000,000 for Q4 2024.
Premium Revenue Growth: Global P&C premium revenue grew 6.7% in Q4 2024, with life insurance premiums increasing by 8.5% in constant dollars.
Operating Income Increase: For the year, operating income reached $9,100,000,000, up 11.5% adjusted for a one-time tax benefit, and 13% on a per share basis.
Investment Income Growth: Adjusted net investment income grew 19.3% to $6,400,000,000 for the year, with a record $1,700,000,000 in Q4 2024, reflecting strong investment performance.
Strong Shareholder Returns: Shareholder returns were robust, with $1,100,000,000 returned in Q4 2024, including $725,000,000 in share repurchases and $367,000,000 in dividends, totaling $3,500,000,000 for the year.
Negative
California Wildfire Support Costs: Current estimate of the cost of supporting customers from California wildfires is $1,500,000,000 net pre-tax, impacting Q1 2025 results.
Catastrophe Losses Overview: Pretax catastrophe losses for the quarter totaled $607,000,000, with significant contributions from Hurricane Milton ($309,000,000) and Hurricane Helene ($140,000,000).
Financial Lines Pricing Decline: Financial lines pricing declined by 3.3%, continuing a trend of three years of continuous decline, indicating increased competition and pressure on margins.
Adverse Asbestos Liability Development: The corporate runoff portfolio experienced adverse development of $139,000,000 primarily related to asbestos, highlighting ongoing liabilities.
Book Value Decline Factors: Book value was adversely impacted by unrealized mark-to-market losses on the fixed income portfolio due to interest rate changes, alongside foreign exchange losses.
CB FAQs
How does CB typically perform around its earnings report dates?
CB's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -2.22% change leading up to the report and a +0.03% change in the 10 days following the release.
Is Chubb Ltd (CB) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CB Earning Call Sentiment
Earnings call transcript: Chubb's Q4 2024 sees robust income growth
CB.N
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