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Cincinnati Financial: 1Q Earnings Snapshot

FAIRFIELD, Ohio (AP) _ Cincinnati Financial Corp. (CINF) on Wednesday reported first-quarter net income of $695 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Fairfield, Ohio-based company said it had net income of $4.22. Earnings, adjusted for investment gains, came to $1.05 per share.

The insurer posted revenue of $2.16 billion in the period. Its adjusted revenue was $1.5 billion.

Cincinnati Financial shares have increased 13 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 17 percent. In the final minutes of trading on Wednesday, shares hit $87.69, an increase of 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CINF at https://www.zacks.com/ap/CINF