Cincinnati Financial Corporation reports results for the quarter ended September 30 - Earnings Summary

• Cincinnati Financial Corporation reported quarterly adjusted earnings of $2.85​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of $1.99 per share. Wall Street expected results to range from $1.60 to $2.48 per share.

• Revenue fell 18.2% to $3.05 billion from a year ago; analysts expected $3.03 billion.

• Cincinnati Financial Corporation's reported EPS for the quarter was $2.96​.

• The company reported quarterly net income of $459 million.

• Cincinnati Financial Corporation shares had risen by 10.6% this quarter and gained 7.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the property & casualty insurance peer group is also "hold"

• Wall Street's median 12-month price target for Cincinnati Financial Corporation is $192.50, about 8.4% above its last closing price of $176.30

This summary was machine generated from LSEG data October 26 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)