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Stay Ahead of the Game With Cincinnati Financial (CINF) Q3 Earnings: Wall Street's Insights on Key Metrics

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Wall Street analysts forecast that Cincinnati Financial (CINF - Free Report) will report quarterly earnings of $2.01 per share in its upcoming release, pointing to a year-over-year increase of 41.6%. It is anticipated that revenues will amount to $2.85 billion, exhibiting an increase of 11.3% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has undergone an upward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

Bearing this in mind, let's now explore the average estimates of specific Cincinnati Financial metrics that are commonly monitored and projected by Wall Street analysts.

Analysts forecast 'Total revenues- Commercial lines insurance' to reach $1.24 billion. The estimate indicates a change of +9.2% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Total revenues- Personal lines insurance' of $816.62 million. The estimate suggests a change of +20.1% year over year.

Based on the collective assessment of analysts, 'Total revenues- Life Insurance Subsidiary' should arrive at $94.30 million. The estimate indicates a year-over-year change of -26.9%.

According to the collective judgment of analysts, 'Revenues- Personal Lines Insurance- Earned premiums' should come in at $815.42 million. The estimate points to a change of +20.3% from the year-ago quarter.

Analysts predict that the 'Commercial Lines Insurance - Combined ratio' will reach 94.8%. Compared to the current estimate, the company reported 93.0% in the same quarter of the previous year.

The consensus among analysts is that 'Excess and surplus lines insurance - Combined ratio' will reach 91.7%. The estimate compares to the year-ago value of 95.3%.

Analysts expect 'Personal Lines Insurance - Combined ratio' to come in at 101.3%. Compared to the present estimate, the company reported 110.3% in the same quarter last year.

It is projected by analysts that the 'Commercial Lines Insurance - Loss and loss expenses' will reach 64.5%. The estimate is in contrast to the year-ago figure of 62.1%.

The combined assessment of analysts suggests that 'Excess and surplus lines insurance - Loss and loss expenses' will likely reach 64.8%. Compared to the current estimate, the company reported 68.6% in the same quarter of the previous year.

The average prediction of analysts places 'Property Casualty Insurance Segment - Combined Ratio' at 96.2%. The estimate is in contrast to the year-ago figure of 97.4%.

The consensus estimate for 'Commercial Lines Insurance - Underwriting expenses' stands at 30.3%. The estimate compares to the year-ago value of 30.9%.

Analysts' assessment points toward 'Excess and surplus lines insurance - Underwriting expenses' reaching 26.9%. Compared to the current estimate, the company reported 26.7% in the same quarter of the previous year.

View all Key Company Metrics for Cincinnati Financial here>>>

Shares of Cincinnati Financial have experienced a change of +1.2% in the past month compared to the +1.1% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), CINF is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .


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