Investing.com - Cincinnati Financial (NASDAQ:CINF) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $0.39 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $0.33 on revenue of $1.51B.
Cincinnati Financial shares are down 26% from the beginning of the year and are trading at $76.85 , down-from-52-week-high.They are under-performing the S&P 500 which is up 5.27% from the start of the year.
Cincinnati Financial follows other major Financial sector earnings this month
Cincinnati Financial's report follows an earnings beat by JPMorgan on Tuesday, October 13, 2020, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.
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