CORRECTION: Cincinnati Financial Q2 Adj. EPS $1.43 Misses $1.84 Estimate, Sales $2.825B Miss $2.920B Estimate
Cincinnati Financial (NASDAQ:CINF) reported quarterly earnings of $1.43 per share which missed the analyst consensus estimate of $1.84 by 22.28 percent. This is a 27.41 percent decrease over earnings of $1.97 per share
Cincinnati Financial made less money than experts expected this quarter—their earnings were about 22% lower than predicted. When a company misses expectations like this, investors watch to see if the company explains why and whether things might improve next quarter.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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