FAIRFIELD, Ohio (AP) _ Cincinnati Financial Corp. (CINF) on Thursday reported third-quarter profit of $248 million.
The Fairfield, Ohio-based company said it had profit of $1.49 per share. Earnings, adjusted for investment gains, were $1.08 per share.
The insurer posted revenue of $1.7 billion in the period. Its adjusted revenue was $1.61 billion.
Cincinnati Financial shares have risen 49% since the beginning of the year, while the Standard & Poor's 500 index has climbed 20%. In the final minutes of trading on Thursday, shares hit $115.27, a climb of 61% in the last 12 months.