Cincinnati Financial (CINF) Q2 Earnings Report Preview: What To Look For

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

CINF Cover Image

Property casualty insurer Cincinnati Financial (NASDAQ: CINF) will be announcing earnings results this Monday afternoon. Here’s what to look for.

Cincinnati Financial met analysts’ revenue expectations last quarter, reporting revenues of $2.93 billion, up 11.4% year on year. It was a mixed quarter for the company, with a narrow beat of analysts’ net premiums earned estimates but a slight miss of analysts’ book value per share estimates.

Is Cincinnati Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Cincinnati Financial’s revenue to grow 8.2% year on year, slowing from the 15.3% increase it recorded in the same quarter last year.

Cincinnati Financial Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Cincinnati Financial has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Cincinnati Financial’s peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. First American Financial delivered year-on-year revenue growth of 15%, beating analysts’ expectations by 3.4%, and RLI reported revenues up 5%, topping estimates by 1%. First American Financial traded down 2.2% following the results while RLI was up 3.7%.

Read our full analysis of First American Financial’s results here and RLI’s results here.

There has been positive sentiment among investors in the property & casualty insurance segment, with share prices up 4.7% on average over the last month. Cincinnati Financial’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $189.17 (compared to the current share price of $182.78).

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  232.11
-1.55 (-0.66%)
AAPL  333.02
+11.36 (3.53%)
AMD  521.95
-17.74 (-3.29%)
BAC  62.05
+0.77 (1.26%)
GOOG  319.09
+0.75 (0.24%)
META  595.19
-10.91 (-1.80%)
MSFT  381.70
+0.12 (0.03%)
NVDA  206.84
-1.92 (-0.92%)
ORCL  114.99
-5.05 (-4.21%)
TSLA  313.03
-6.66 (-2.08%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.