Earnings Preview: Chubb Corporation

Chubb Corporation (CB) is expected to report Q2 earnings after market close Thursday, July 24, with a conference call scheduled for 5:00 p.m. ET.

Guidance

Analysts are looking for EPS of $1.47 on revenue of $3.08B. The consensus range for EPS is $1.22 to $1.60, while the consensus range for revenue is $3B to $3.38B, according to First Call.

Analyst Views

Credit Suisse assumed coverage of Chubb with an Underperform rating on July 18, and lowered their target to $51 from $57. Chubb announced that it had named John Degnan its vice chairman and COO on June 19. The company declared a quarterly dividend of 33c per share last month.