** Shares of Travelers TRV.N gaining 1.0% on Thurs ahead of qtrly results due before the bell on Fri, with investors watching for profit trends amid lower estimates

** The property and casualty insurer is expected to report qtrly rev of $11.35 bln vs $11.54 billion a year ago, and adj EPS of $5.42 vs $6.51 a year ago, per LSEG

** The company has beaten analysts' earnings expectations in all of the past eight reporting periods, per LSEG

** "Pricing remains a key area of focus," Jefferies analysts write in a recent note

** "Persistent pressure in property rates, limited evidence of casualty reacceleration, and a higher property mix for some carriers in 2Q point to further sequential moderation in reported pricing. Our analysis suggests TRV's RRC could slow by 50bps+ QoQ to 2.6% in 2Q26E," they write.

** Of 31 analysts covering the stock, seven rate it 'buy' or 'strong buy', 20 'hold' and four 'sell' or 'strong sell'

** Wall Street's median 12-mo PT for Travelers is $326.50, about 3.1% below its last closing price of $336.83

** Stock has risen ~15% YTD, outperforming the S&P 500's .SPX roughly 10% gain