Cincinnati Financial Corporation (CINF)

NASDAQ
Currency in USD
140.66
-2.25(-1.57%)
Closed
After Hours
132.97-7.69(-5.47%)

CINF Earnings

Latest Release
Oct 24, 2024
EPS / Forecast
1.42 / 1.46
Revenue / Forecast
2.30B / 2.24B
EPS Revisions
Last 90 days
Release Date
Period End
EPS / Forecast
Revenue / Forecast
EPS Surprise %
Revenue Surprise %
Reaction
12/2024-- / 1.88-- / 2.32B----Free Sign Up
09/20241.42 / 1.462.3B / 2.24B-2.74%+2.68%Free Sign Up
06/20241.29 / 1.012.54B / 2.21B+27.72%+14.93%Free Sign Up
03/20241.72 / 1.642.94B / 2.12B+4.88%+38.68%Free Sign Up
12/20232.28 / 1.932.06B / 2.02B+18.13%+1.98%Free Sign Up
09/20231.66 / 1.151.81B / 2B+44.35%-9.5%Free Sign Up
06/20231.21 / 0.752.6B / 1.95B+61.33%+33.33%Free Sign Up
03/20230.89 / 0.791.92B / 1.9B+12.66%+1.05%Free Sign Up
12/20221.27 / 1.281.87B / 1.86B-0.78%+0.54%Free Sign Up
09/20220.73 / 0.731.88B / 1.88B0%0%Free Sign Up

All numbers in USD

Cincinnati Financial Corporation Earnings Call Summary for Q3/2024

  • Net income reached $820M, driven by $645M after-tax increase in equity securities value; non-GAAP operating income down $37M due to catastrophe losses
  • Net written premiums grew 17%; commercial lines up 11%, personal lines up 29%; investment income rose 15% with 21% increase in bond interest income
  • Property casualty combined ratio worsened to 97.4%; cash flow from operations strong at $2B, up 36% year-over-year
  • Book value hit record $88.32/share; CEO confident in momentum; Fitch revised outlook to positive on sustained profitability
  • Focus on high net worth clients in personal lines; active portfolio management; potential for rate increases due to loss cost trends
Last Updated: 2024-10-25, 02:54 p/m
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