Cincinnati Financial: Q3 Earnings Snapshot

FAIRFIELD, Ohio (AP) — FAIRFIELD, Ohio (AP) — Cincinnati Financial Corp. (CINF) on Monday reported third-quarter profit of $459 million.

The Fairfield, Ohio-based company said it had net income of $2.96 per share. Earnings, adjusted for investment gains, came to $2.86 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.

The insurer posted revenue of $3.05 billion in the period. Its adjusted revenue was $3.03 billion, meeting Street forecasts.

_____

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