Cincinnati Financial Q3 2024 Adj EPS $1.42 Misses $1.46 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cincinnati Financial reported Q3 2024 adjusted earnings per share of $1.42, missing the analyst consensus estimate of $1.46 by 2.74%.
October 24, 2024 | 8:08 pm
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NEGATIVE IMPACT
Cincinnati Financial's Q3 2024 earnings per share of $1.42 fell short of the expected $1.46, missing estimates by 2.74%.
The earnings miss is likely to negatively impact Cincinnati Financial's stock price in the short term as it indicates the company did not meet market expectations, which can lead to investor disappointment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100