Property casualty insurer Cincinnati Financial (NASDAQ:CINF) will be announcing earnings results this Monday after the bell. Here’s what to look for.
Cincinnati Financial beat analysts’ revenue expectations by 12.8% last quarter, reporting revenues of $3.25 billion, up 34.9% year on year. It was an exceptional quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ revenue estimates.
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This quarter, analysts are expecting Cincinnati Financial’s revenue to decline 9.7% year on year to $3.00 billion, a reversal from the 83.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.06 per share.
Cincinnati Financial Total Revenue
Analysts covering the…
