The Chubb Corporation Announces 6% Fall In Q4 Earnings

(RTTNews) - The Chubb Corporation (CB) reported a profit for fourth quarter that lost ground from last year.

The company said its profit fell to $780 million, or $2.38 per share. This was down from $827 million, or $2.47 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The Chubb Corporation earnings at a glance:

-Earnings (Q4): $780 Mln. vs. $827 Mln. last year. -Earnings Decline (Y-o-Y): -5.7% -EPS (Q4): $2.38 vs. $2.47 last year. -EPS Decline (Y-o-Y): -3.6% -Analysts Estimate: $2.26