| TRV |
Report |
Core EPS |
BEAT |
pred ~$5.65 vs. cons $5.08 |
MEDIUM |
| TRV |
Report |
Pre-tax catastrophe losses |
BEAT |
pred ~$1.05bn vs. cons $1.20bn |
MEDIUM |
| TRV |
Report |
Underlying combined ratio |
BEAT |
pred ~84.4% vs. cons 85.5% |
MEDIUM |
| TRV |
Guide |
After-tax fixed-income net investment income |
BETTER |
guide ~$845m vs. cons $840m (3Q26) |
MEDIUM |
| TRV |
Guide |
Full-year underwriting expense ratio |
UNCHANGED |
guide ~28.5% vs. cons 28.5% (FY26) |
HIGH |
| TRV |
Guide |
Homeowners renewal premium change |
UNCHANGED |
guide ~5.0% vs. cons 5.0% (2H26) |
MEDIUM |
| TRV |
Return |
Day-1 residual (stock − beta × S&P 500) |
+3.2% |
— |
MEDIUM |
| TRV |
Return |
5-day cumulative residual |
+1.2% (FADE) |
A ~$0.57 EPS beat versus $5.08 consensus and a ~$150m better catastrophe outcome should drive an initial positive reaction, but a largely unchanged ~$845m versus $840m 3Q fixed-income-NII outlook and ~28.5% versus 28.5% expense-ratio outlook leave limited upward revision to out-period earnings; the initial ~3.2% residual move should fade toward ~1.2% by day five. |
MEDIUM |