Recap: Cincinnati Financial Q3 Earnings
Shares of Cincinnati Financial (NASDAQ:CINF) were unchanged after the company reported Q3 results.
Quarterly Results
Earnings per share were down 63.89% year over year to $0.39, which missed the estimate of $0.74.
Revenue of $2,227,000,000 up by 31.00% year over year, which beat the estimate of $1,650,000,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
Company's 52-week high was at $117.90
52-week low: $46.07
Price action over last quarter: down 8.09%
Company Profile
Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.
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