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Zacks-Sep 3, 09:00 PM
Chubb (CB) Outperforms Market with Strong Daily Gains
Chubb (CB) closed at $348.25, gaining 2.6% in the latest trading session, outpacing the S&P 500's 1.06% gain and other major indices. Despite recent underperformance, analysts expect Chubb to report earnings of $6.22 per share and revenue of $16.71 billion in its upcoming release, with full-year projections showing growth.
Why it matters: The stock holds a Zacks Rank of #3 (Hold) with a Forward P/E of 12.41, trading at a slight premium to its industry average.