Travelers Stock See-Saws Following Q4 Print

Travelers Companies Inc (NYSE: TRV) reported its fourth quarter results before Thursday's market open. The company said it earned $2.90 per share on revenue of $6.674 billion - exceeding Wall Street's expectations of $2.65 per share on revenue of $5.94 billion.

Net income for the quarter declined to $866 million from $1.038 billion in the same quarter a year ago. Operating return on equity was 15.8 percent compared to 17.7 percent in the prior year quarter.

After opening for trading at $103.86, the stock declined to an intra-day low of $101.23 before rebounding.

With two hours of trading remaining in Thursday's session, shares of Travelers Companies were lower by 0.57 percent at $103.06.