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What Analyst Projections for Key Metrics Reveal About Cincinnati Financial (CINF) Q4 Earnings
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In its upcoming report, Cincinnati Financial (CINF - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.86 per share, reflecting a decline of 8.9% compared to the same period last year. Revenues are forecasted to be $2.91 billion, representing a year-over-year increase of 9.6%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Cincinnati Financial metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Total revenues- Commercial lines insurance' should arrive at $1.23 billion. The estimate indicates a change of +6.4% from the prior-year quarter.
Analysts' assessment points toward 'Total revenues- Personal lines insurance' reaching $846.88 million. The estimate points to a change of +16.5% from the year-ago quarter.
Analysts expect 'Revenues- Property Casualty Insurance- Earned premiums' to come in at $2.52 billion. The estimate indicates a change of +10.2% from the prior-year quarter.
The consensus estimate for 'Revenues- Personal Lines Insurance- Earned premiums' stands at $846.08 million. The estimate indicates a change of +16.5% from the prior-year quarter.
The consensus among analysts is that 'Commercial Lines Insurance - Combined ratio' will reach 90.8%. The estimate is in contrast to the year-ago figure of 84.5%.
The collective assessment of analysts points to an estimated 'Excess and surplus lines insurance - Combined ratio' of 91.7%. The estimate is in contrast to the year-ago figure of 93.1%.
According to the collective judgment of analysts, 'Personal Lines Insurance - Combined ratio' should come in at 85.9%. Compared to the current estimate, the company reported 80.2% in the same quarter of the previous year.
The average prediction of analysts places 'Commercial Lines Insurance - Loss and loss expenses' at 60.3%. The estimate is in contrast to the year-ago figure of 53.8%.
It is projected by analysts that the 'Excess and surplus lines insurance - Loss and loss expenses' will reach 64.4%. The estimate compares to the year-ago value of 66.5%.
The combined assessment of analysts suggests that 'Property Casualty Insurance Segment - Combined Ratio' will likely reach 89.6%. Compared to the current estimate, the company reported 84.7% in the same quarter of the previous year.
Analysts forecast 'Commercial Lines Insurance - Underwriting expenses' to reach 30.5%. The estimate compares to the year-ago value of 30.7%.
Analysts predict that the 'Excess and surplus lines insurance - Underwriting expenses' will reach 27.3%. The estimate compares to the year-ago value of 26.6%.
Shares of Cincinnati Financial have experienced a change of +1.1% in the past month compared to the +0.9% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), CINF is expected to underperform 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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What Analyst Projections for Key Metrics Reveal About Cincinnati Financial (CINF) Q4 Earnings
In its upcoming report, Cincinnati Financial (CINF - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.86 per share, reflecting a decline of 8.9% compared to the same period last year. Revenues are forecasted to be $2.91 billion, representing a year-over-year increase of 9.6%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some Cincinnati Financial metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Total revenues- Commercial lines insurance' should arrive at $1.23 billion. The estimate indicates a change of +6.4% from the prior-year quarter.
Analysts' assessment points toward 'Total revenues- Personal lines insurance' reaching $846.88 million. The estimate points to a change of +16.5% from the year-ago quarter.
Analysts expect 'Revenues- Property Casualty Insurance- Earned premiums' to come in at $2.52 billion. The estimate indicates a change of +10.2% from the prior-year quarter.
The consensus estimate for 'Revenues- Personal Lines Insurance- Earned premiums' stands at $846.08 million. The estimate indicates a change of +16.5% from the prior-year quarter.
The consensus among analysts is that 'Commercial Lines Insurance - Combined ratio' will reach 90.8%. The estimate is in contrast to the year-ago figure of 84.5%.
The collective assessment of analysts points to an estimated 'Excess and surplus lines insurance - Combined ratio' of 91.7%. The estimate is in contrast to the year-ago figure of 93.1%.
According to the collective judgment of analysts, 'Personal Lines Insurance - Combined ratio' should come in at 85.9%. Compared to the current estimate, the company reported 80.2% in the same quarter of the previous year.
The average prediction of analysts places 'Commercial Lines Insurance - Loss and loss expenses' at 60.3%. The estimate is in contrast to the year-ago figure of 53.8%.
It is projected by analysts that the 'Excess and surplus lines insurance - Loss and loss expenses' will reach 64.4%. The estimate compares to the year-ago value of 66.5%.
The combined assessment of analysts suggests that 'Property Casualty Insurance Segment - Combined Ratio' will likely reach 89.6%. Compared to the current estimate, the company reported 84.7% in the same quarter of the previous year.
Analysts forecast 'Commercial Lines Insurance - Underwriting expenses' to reach 30.5%. The estimate compares to the year-ago value of 30.7%.
Analysts predict that the 'Excess and surplus lines insurance - Underwriting expenses' will reach 27.3%. The estimate compares to the year-ago value of 26.6%.
View all Key Company Metrics for Cincinnati Financial here>>>Shares of Cincinnati Financial have experienced a change of +1.1% in the past month compared to the +0.9% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), CINF is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .