Cincinnati Financial Corporation (CINF) remains well-poised for growth, driven by a higher level of insured exposures, rate increase, agent-focused business model, consistent cash flow and a solid capital position.Growth ProjectionsThe Zacks Consensus Estimate for Cincinnati Financial’s 2024 earnings is pegged at $6.16 per share, indicating a 2.1% increase from the year-ago reported figure on 9.2% higher revenues of $9.71 billion.The consensus estimate for 2025 earnings is pegged at $6.77 per share, indicat ...

Cincinnati Financial Corporation (NASDAQ:CINF) Q4 2023 Earnings Conference Call February 7, 2024 11:00 AM ET Company Participants Dennis McDaniel - Investor Relations Officer Steve Johnston - Chairman and Chief Executive Officer Mike Sewell - Executive Vice President and Chief Financial Officer Steve Spray - President Conference Call Participants Michael Phillips - Oppenheimer Mike Zaremski - BMO Greg Peters - Raymond James Grace Carter - Bank of America Operator Good day and welcome to the Cincinnati Finan ...

Cincinnati Financial Corporation (CINF) reported fourth-quarter 2023 operating income of $2.28 per share, which surpassed the Zacks Consensus Estimate by 18.1%. The bottom line surged 79.5% year over year.Total operating revenues in the quarter under review were $2.3 billion, which improved 10.8% year over year. Also, the top line beat the consensus mark by 1%.The strong quarterly results benefited from higher premiums, net investment income and improved combined ratio. Improved Underwriting profit and lowe ...

For the quarter ended December 2023, Cincinnati Financial (CINF) reported revenue of $2.31 billion, up 10.8% over the same period last year. EPS came in at $2.28, compared to $1.27 in the year-ago quarter.The reported revenue represents a surprise of +0.98% over the Zacks Consensus Estimate of $2.29 billion. With the consensus EPS estimate being $1.93, the EPS surprise was +18.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Cincinnati Financial (CINF) came out with quarterly earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.14%. A quarter ago, it was expected that this insurer would post earnings of $1.07 per share when it actually produced earnings of $1.66, delivering a surprise of 55.14%.Over the last four quarters, the com ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Cincinnati Financial (CINF) , which belongs to the Zacks Insurance - Property and Casualty industry.This insurer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 61.60%.For the last reported quarter, Cincinnati Financial came out wi ...

Cincinnati Financial Corporation (CINF) is scheduled to report fourth-quarter 2023 earnings on Feb 6, after market close. The insurer delivered an earnings surprise in the three reported quarters of 2023.Factors to NotePremiums are likely to have benefited from growth initiatives, increased exposure, better pricing, increased property casualty agency and new business written premiums, higher standard lines new business and higher premiums from Cincinnati Re. The Zacks Consensus Estimate for earned premium i ...

The upcoming report from Cincinnati Financial (CINF) is expected to reveal quarterly earnings of $1.85 per share, indicating an increase of 45.7% compared to the year-ago period. Analysts forecast revenues of $2.29 billion, representing an increase of 9.8% year over year.The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefram ...

Cincinnati Financial Corporation’s (CINF) board of directors approved an 8% increase in its regular quarterly cash dividend. The dividend, now at 81 cents per share, reflects the company's commitment to delivering value to its shareholders. The previous dividend of 75 cents per share was paid on Jan 16, 2024. Shareholders of record as of Mar 19 will receive the new dividend on Apr 15, 2024.Steven J. Johnston, chairman and CEO, emphasizes the company's long-term approach to creating value for shareholders. C ...

CINCINNATI, Jan. 26, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that as of the May 4, 2024, Annual Meeting of Shareholders, President Stephen M. Spray will assume the title of chief executive officer of the company and all U.S. subsidiaries, completing the executive leadership transition that began when Mr. Spray was named president of the company in 2022. Steven J. Johnston will remain as executive chairman of the company and its U.S. subsidiaries. He'll continue to lead ...