NEW YORK (AP) _ The Travelers Cos. (TRV) on Thursday reported fourth-quarter earnings of $1.31 billion.

On a per-share basis, the New York-based company said it had net income of $5.10. Earnings, adjusted for investment gains, came to $4.91 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3 per share.

The insurer posted revenue of $8.4 billion in the period. Its adjusted revenue was $8.35 billion, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $8.08 billion.

For the year, the company reported profit of $2.7 billion, or $10.52 per share. Revenue was reported as $31.98 billion.

Travelers shares have increased slightly more than 3% since the beginning of the year, while the Standard & Poor's 500 index has climbed almost 3%. The stock has increased nearly 3% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRV at https://www.zacks.com/ap/TRV

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