Cincinnati Financial(CINF)

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Cincinnati Financial (CINF) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-07-26 00:00
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Property Casualty Insurance Segment - Expense Ratio: 30.4% compared to the 29.9% average estimate based on six analysts. Property Casualty Insurance Segment - Loss and loss expenses: 68.1% versus the six-analyst average estimate of 70.4%. Property Casualty Insurance Segmen ...
Cincinnati Financial (CINF) Q2 Earnings Beat Estimates
ZACKS· 2024-07-25 22:15
This quarterly report represents an earnings surprise of 32.99%. A quarter ago, it was expected that this insurer would post earnings of $1.69 per share when it actually produced earnings of $1.72, delivering a surprise of 1.78%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Cincinnati Financial has outperformed the market so far this year, the questi ...
Cincinnati Financial(CINF) - 2024 Q2 - Quarterly Report
2024-07-25 20:11
UNITED STATES (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from _____________________ to _____________________. Commission file number 0-4604 CINCINNATI FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Ohio 31-0746871 (State or other jurisdiction of incorporation ...
Cincinnati Financial(CINF) - 2024 Q2 - Quarterly Results
2024-07-25 20:07
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------|--------------------|----------|----------|-----------------------------|----------|----------|----------|----------|--------------------------|-------------------------------------|-----------------------------------------| | (Dollars in millions) | 12/31/24 9/30/24 | 6/30/24 | 3/31/24 | Three months ended 12/31/23 | 9/30/23 | 6/30/23 | 3/31/23 | 6/30/24 | Six months ended 6/30/23 | N ...
Cincinnati Financial Reports Second-Quarter 2024 Results
Prnewswire· 2024-07-25 20:05
CINCINNATI, July 25, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today reported: Second-quarter 2024 net income of $312 million, or $1.98 per share, compared with $534 million, or $3.38 per share, in the second quarter of 2023, after recognizing a $112 million second-quarter 2024 after-tax increase in the fair value of equity securities still held. $13 million or 7% increase in non-GAAP operating income* to $204 million, or $1.29 per share, compared with $191 million, or $1.21 per s ...
What's in Store for Cincinnati Financial (CINF) in Q2 Earnings?
ZACKS· 2024-07-22 17:55
Cincinnati Financial Corporation (CINF) is scheduled to report second-quarter 2024 earnings on Jul 25, after market close. The insurer delivered an earnings surprise in the last four reported quarters. Premiums at Personal Lines are likely to have benefited from high net worth clients and an agent-centric model. An increase in agency new business and renewal written premiums are likely to have aided Excess and Surplus lines premiums. The Zacks Consensus Estimate for Excess and Surplus lines revenues is pegg ...
Here's Why You Should Retain Cincinnati Financial (CINF) Stock
ZACKS· 2024-07-09 18:20
Cincinnati Financial Corporation's (CINF) higher level of insured exposure, rate increase, agent-focused business model, consistent cash flow and a solid capital position make it worth retaining in one's portfolio. It has a solid history of delivering positive surprises in the last five quarters. Earnings of this Zacks Rank #3 (Hold) insurer grew 11.9% in the last five years, better than the industry average of 10.5%. CINF has a VGM Score of B. The Zacks Consensus Estimate for 2025 earnings per share has mo ...
Cincinnati Financial Schedules Webcast to Discuss Second-Quarter 2024 Results
Prnewswire· 2024-07-09 12:30
The company will hold a conference call to discuss second-quarter 2024 results on Friday, July 26, at 11 a.m. ET. To access the call webcast, please visit www.cinfin.com/investors. A replay will be available approximately two hours after the event's completion. SOURCE Cincinnati Financial Corporation About Cincinnati Financial Corporation: Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty ...
From ‘Sell' to ‘Strong Buy': 3 Dramatic Analyst U-Turns to Watch
Investor Place· 2024-07-02 10:15
To back this rating up, Cincinnati Financial saw green in several of its key performance metrics for Q1 2024. Particularly, its 235% net income YOY increase garnered attention as investors wait to see if the success repeats for Q2. These factors have put it alongside other stocks with analyst upgrades. Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding. The bottom line about the stock market i ...
Cincinnati Financial: This Quality Dividend Grower Remains On Sale
Seeking Alpha· 2024-06-14 12:00
AndreyPopov/iStock via Getty Images The Perfect Storm Led To A Double Beat CINF Q1 2024 Earnings Press Release As a P&C insurer, the company benefited from the higher interest rate environment via its $26.2 billion in debt and equity investments as of March 31. Along with higher dividend income, this pushed revenue from investment income higher by 16.7% over the year-ago period to $245 million for the first quarter. CINF's healthy showing for the first quarter didn't end at the top line, either. The company ...