Cincinnati Financial Q2 2024 Adj EPS $1.29 Beats $0.96 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cincinnati Financial (NASDAQ:CINF) reported Q2 2024 adjusted earnings per share (EPS) of $1.29, surpassing the analyst consensus estimate of $0.96 by 34.38%. This represents a 6.61% increase from the same period last year.
July 25, 2024 | 8:06 pm
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Cincinnati Financial (NASDAQ:CINF) reported Q2 2024 adjusted EPS of $1.29, beating the analyst estimate of $0.96 by 34.38% and showing a 6.61% increase from last year.
The significant earnings beat and year-over-year growth are likely to positively impact Cincinnati Financial's stock price in the short term. Investors often react favorably to companies that exceed earnings expectations.
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