Chubb Corp. (CB) Tops Q2 EPS by 67c

Chubb Corp. (NYSE: CB) reported Q2 EPS of $3.62, $0.67 better than the analyst estimate of $2.95.

Book value was favorably impacted by total after-tax net realized and unrealized gains of $1.52 billion, including a $1.35 billion gain in the investment portfolio, principally due to lower interest rates and mark-to-market gains on private equities, and favorable foreign exchange of $215 million. Book and tangible book value per share now stand at $136.90 and $91.48, respectively.

For earnings history and earnings-related data on Chubb Corp. (CB) click here.

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