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What Awaits Cincinnati Financial (CINF) in Q4 Earnings?
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Cincinnati Financial Corporation (CINF - Free Report) is scheduled to report fourth-quarter 2021 earnings on Feb 15, after the closing bell. The company delivered an earnings surprise in each of the last four quarters, the average being 40.05%.
Factors at Note
In the fourth quarter, the company’s premiums are likely to have gained on the back of increased new business written premiums and renewal written premium growth that included higher average pricing.
Despite a persistently low interest rate environment, strong cash flow from operating activities is estimated to have aided investment income in the to-be-reported quarter.
The Zacks Consensus Estimate for fourth-quarter revenues stands at $1.7 billion, suggesting a decline of 0.7% from the prior-year quarter.
Cincinnati Re’s premiums are likely to have gained from better pricing in the reinsurance market.
The insurer’s fourth-quarter underwriting performance is likely to have benefited from price increases and ongoing initiatives to improve pricing precision and loss experience related to claims and loss control practices in the to-be-reported quarter.
The Zacks Consensus Estimate for combined ratio at the Property and Casualty Insurance segment is pegged at 87, which remained unchanged from the year-ago reported quarter.
Total benefits and expenses are likely to have decreased mainly due to lower insurance losses and contract holders' benefits.
The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at $1.50, suggesting a decrease of 6.8% from the prior-year quarter.
What Our Quantitative Model Predicts
Our proven model does not conclusively predict an earnings beat for Cincinnati Financial this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Earnings ESP: Cincinnati Financial has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Cincinnati Financial Corporation Price and EPS Surprise
Some stocks worth considering from the finance sector with a perfect mix of elements to surpass estimates in the upcoming quarterly releases are as follows:
American International Group (AIG - Free Report) has an Earnings ESP of +1.32% and a Zacks Rank of 3. AIG’s expected long-term earnings growth rate is pegged at 10%.
The Zacks Consensus Estimate for American International’s 2022 earnings implies a year-over-year increase of 13.9%. AIG’s earnings surpassed estimates in three of the last four quarters and missed in one, the average beat being 8.5%.
Barclays (BCS - Free Report) has an Earnings ESP of +44.83% and a Zacks Rank of 3. The Zacks Consensus Estimate for Barclays’ 2022 earnings has moved 1.4% north in the past 30 days.
BCS’s expected long-term earnings growth rate is pegged at 30.6%.
CBRE Group (CBRE - Free Report) has an Earnings ESP of +8.84 % and a Zacks Rank of 2. The Zacks Consensus Estimate for CBRE’S 2022 earnings has moved 1.8% north in the past 30 days. CBRE’s expected long-term earnings growth rate is pegged at 11%.
The Zacks Consensus Estimate for CBRE’S 2022 earnings implies a year-over-year increase of 3.9%. CBRE’s earnings surpassed estimates in each of the last four quarters, the average beat being 41.02%.
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What Awaits Cincinnati Financial (CINF) in Q4 Earnings?
Cincinnati Financial Corporation (CINF - Free Report) is scheduled to report fourth-quarter 2021 earnings on Feb 15, after the closing bell. The company delivered an earnings surprise in each of the last four quarters, the average being 40.05%.
Factors at Note
In the fourth quarter, the company’s premiums are likely to have gained on the back of increased new business written premiums and renewal written premium growth that included higher average pricing.
Despite a persistently low interest rate environment, strong cash flow from operating activities is estimated to have aided investment income in the to-be-reported quarter.
The Zacks Consensus Estimate for fourth-quarter revenues stands at $1.7 billion, suggesting a decline of 0.7% from the prior-year quarter.
Cincinnati Re’s premiums are likely to have gained from better pricing in the reinsurance market.
The insurer’s fourth-quarter underwriting performance is likely to have benefited from price increases and ongoing initiatives to improve pricing precision and loss experience related to claims and loss control practices in the to-be-reported quarter.
The Zacks Consensus Estimate for combined ratio at the Property and Casualty Insurance segment is pegged at 87, which remained unchanged from the year-ago reported quarter.
Total benefits and expenses are likely to have decreased mainly due to lower insurance losses and contract holders' benefits.
The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at $1.50, suggesting a decrease of 6.8% from the prior-year quarter.
What Our Quantitative Model Predicts
Our proven model does not conclusively predict an earnings beat for Cincinnati Financial this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Earnings ESP: Cincinnati Financial has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Cincinnati Financial Corporation Price and EPS Surprise
Cincinnati Financial Corporation price-eps-surprise | Cincinnati Financial Corporation Quote
Zacks Rank: Cincinnati Financial carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Some stocks worth considering from the finance sector with a perfect mix of elements to surpass estimates in the upcoming quarterly releases are as follows:
American International Group (AIG - Free Report) has an Earnings ESP of +1.32% and a Zacks Rank of 3. AIG’s expected long-term earnings growth rate is pegged at 10%.
The Zacks Consensus Estimate for American International’s 2022 earnings implies a year-over-year increase of 13.9%. AIG’s earnings surpassed estimates in three of the last four quarters and missed in one, the average beat being 8.5%.
Barclays (BCS - Free Report) has an Earnings ESP of +44.83% and a Zacks Rank of 3. The Zacks Consensus Estimate for Barclays’ 2022 earnings has moved 1.4% north in the past 30 days.
BCS’s expected long-term earnings growth rate is pegged at 30.6%.
CBRE Group (CBRE - Free Report) has an Earnings ESP of +8.84 % and a Zacks Rank of 2. The Zacks Consensus Estimate for CBRE’S 2022 earnings has moved 1.8% north in the past 30 days. CBRE’s expected long-term earnings growth rate is pegged at 11%.
The Zacks Consensus Estimate for CBRE’S 2022 earnings implies a year-over-year increase of 3.9%. CBRE’s earnings surpassed estimates in each of the last four quarters, the average beat being 41.02%.