FAIRFIELD, Ohio (AP) — FAIRFIELD, Ohio (AP) — Cincinnati Financial Corp. (CINF) on Monday reported third-quarter earnings of $1.12 billion.
The Fairfield, Ohio-based company said it had profit of $7.11 per share. Earnings, adjusted for investment gains, came to $2.85 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.
The insurer posted revenue of $3.73 billion in the period. Its adjusted revenue was $2.87 billion, also beating Street forecasts. Four analysts surveyed by Zacks expected $2.85 billion.
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