Cincinnati Financial Corp. Reports 23% Advance In Q3 Profit

(RTTNews) - Cincinnati Financial Corp. (CINF) reported earnings for its third quarter that gained ground from last year.

The company said its bottom line climbed to $172 million, or $1.04 per share. This was up from $140 million, or $0.85 per share, in last year's third quarter.

Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0% to $1.28 billion. This was down from $1.28 billion last year.

Cincinnati Financial Corp. earnings at a glance:

-Earnings (Q3): $172 Mln. vs. $140 Mln. last year. -Earnings Growth (Y-o-Y): 22.9% -EPS (Q3): $1.04 vs. $0.85 last year. -EPS Growth (Y-o-Y): 22.4% -Analysts Estimate: $0.71 -Revenue (Q3): $1.28 Bln vs. $1.28 Bln last year. -Revenue Change (Y-o-Y): 0%