Stock Update (NYSE:CB): Chubb Limited to Hold its Second Quarter Earnings Conference Call on Wednesday, July 27, 2016

[PR Newswire] – ZURICH, July 1, 2016 /PRNewswire/ — Chubb Limited (NYSE: CB) will hold its second quarter earnings conference call on Wednesday, July 27, 2016, beginning at 8:30 a.m. Eastern. The company expects to issue … Read more on this. Chubb Limited (CB) , with a current market cap of $60.41B, began trading this morning at $131.00. Looking at the equity, the company’s one day range is $129.96 to $131.00 with a trailing 52-week range being $96.00 to $131.00. CB shares are currently priced at 13.24x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 16.36x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $2.45 per share, which would be $0.05 better than the year-ago quarter and a $0.07 sequential decrease. Investors should also note that the full-year EPS estimate of $9.87 is a $0.11 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $7.40 Billion. If reported, that would be a 72.90% increase over the year-ago quarter. In terms of ratings, Atlantic Equities downgraded CB from Neutral to Underweight (Jun 16, 2016). Previously, Sandler O’Neill upgraded CB from Hold to Buy. The average price target for CB shares by the analysts covering the stock is $132.00, which is 0.76% above where the stock opened this morning. See more in (NYSE:CB) Similar Articles: Market Update (NYSE:CB): Chubb Limited to Hold its First Quarter Earnings Conference Call on Thursday, May 5, 2016 Stock Update (NYSE:CB): Chubb Limited Board Will Recommend 23rd Consecutive Annual Dividend Increase To Shareholders at 2016 Annual General Meeting; Declares First Quarter Dividend Market Update: ACE Limited (NYSE:ACE) – ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016