Investing.com - Cincinnati Financial (NASDAQ:CINF) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $1.28 on revenue of $1.79B. Analysts polled by Investing.com anticipated EPS of $0.9307 on revenue of $1.58B.
Cincinnati Financial shares are up 38% from the beginning of the year and are trading at $121.18 , down-from-52-week-high.They are outperforming the Nasdaq which is up 18.21% 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 Wednesday, October 13, 2021, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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