Investing.com - Cincinnati Financial (NASDAQ:CINF) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $1.61 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $1.46B.
Cincinnati Financial shares are up 1% from the beginning of the year and are trading at $88.94 , down-from-52-week-high.They are under-performing the S&P 500 which is up 4.1% 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 Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
PayPal Holdings Inc had beat expectations on Wednesday, February 3, 2021 with fourth quarter EPS of $1.08 on revenue of $6.12B, compared to forecast for EPS of $0.9967 on revenue of $6.09B.
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