Cincinnati Financial (NASDAQ:CINF) reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $0.84 on revenue of $1.46B. Analysts polled by anticipated EPS of $1.05 on revenue of $1.44B. That with comparison to EPS of $1.05 on revenue of $1.33B in the same period a year before. Cincinnati Financial had reported EPS of $1.23 on revenue of $1.44B in the previous quarter. Analysts are expecting EPS of $0.75 and revenue of $1.46B in the upcoming quarter.
Cincinnati Financial shares are down 21% from the beginning of the year , still down 30.59% from its 52 week high of $118.19 set on October 11, 2019. They are under-performing the S&P 500 which is down 11.29% year to date.
Cincinnati Financial shares lost 0.95% in after-hours trade following the report.
Cincinnati Financial follows other major Financial sector earnings this month
Cincinnati Financial's report follows an earnings missed by JPMorgan on April 14, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar
