Ace Beats Wall Street Estimates (ACE)

Ace Limited ACE released its quarterly earnings after the closing bell on Tuesday. The company said that Q2 net income was $677 million, or $1.98 per share, up 25% from a year earlier when ACE made $535 million, or $1.58 per share. On an adjusted basis, earnings per share were $2.01. Wall Street analysts had anticipated that the company would report EPS of $1.84.