Cincinnati Financial Q2 EPS $1.21 Beats $0.74 Estimate, Sales $2.60B Beat $2.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cincinnati Financial (NASDAQ:CINF) reported Q2 earnings of $1.21 per share, beating the analyst consensus estimate of $0.74 by 63.51%. This is an 86.15% increase from the same period last year. The company also reported quarterly sales of $2.60 billion, beating the analyst consensus estimate of $2.19 billion by 18.95%, a 31.97% increase from the same period last year.
July 27, 2023 | 8:17 pm
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Cincinnati Financial reported strong Q2 earnings and sales, both beating analyst estimates significantly. This could lead to a positive short-term impact on the stock.
Cincinnati Financial reported Q2 earnings and sales that significantly beat analyst estimates. This strong performance indicates a healthy financial state for the company, which is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
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