Chubb (CB) Increases Despite Market Slip: Here's What You Need to Know

Chubb stock rose 1.06% to $341.85, outperforming a declining broader market. The insurer is expected to report upcoming earnings with EPS forecasted at $6.22 (down 16.96% YoY) and revenue of $16.71 billion (up 3.59% YoY). For the full year, Chubb projects earnings of $27.35 per share and revenue of $64.33 billion. The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 12.37, trading at a premium to its industry average.