NEW YORK (AP) _ The Travelers Cos. (TRV) on Tuesday reported second-quarter net income of $934 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had profit of $3.66 per share. Earnings, adjusted for investment gains, were $3.45 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.35 per share.

The insurer posted revenue of $8.69 billion in the period. Its adjusted revenue was $8.63 billion, which also topped Street forecasts. Three analysts surveyed by Zacks expected $8.29 billion.

Travellers shares have increased almost 8% since the beginning of the year, while the S&P's 500 index has increased 13%. The stock has increased 27% in the last 12 months.

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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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