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Cincinnati Financial: Q4 Earnings Snapshot
By AP News - Feb 10, 2025, 05:24 PM ET
Last Updated - Feb 10, 2025, 05:24 PM EST
FAIRFIELD, Ohio (AP) — FAIRFIELD, Ohio (AP) — Cincinnati Financial Corp. (CINF) on Monday reported fourth-quarter net income of $405 million.
On a per-share basis, the Fairfield, Ohio-based company said it had profit of $2.56. Earnings, adjusted for non-recurring costs, were $3.14 per share.
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The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.90 per share.
The insurer posted revenue of $2.54 billion in the period. Its adjusted revenue was $2.65 billion, which also topped Street forecasts. Five analysts surveyed by Zacks expected $2.63 billion.
For the year, the company reported profit of $2.29 billion, or $14.53 per share. Revenue was reported as $9.95 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CINF at https://www.zacks.com/ap/CINF
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