We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Cincinnati Financial (CINF) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Cincinnati Financial (CINF - Free Report) to post quarterly earnings of $1.82 per share in its upcoming report, which indicates a year-over-year decline of 7.6%. Revenues are expected to be $3.01 billion, up 8.4% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Cincinnati Financial metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts' assessment points toward 'Revenues- Earned premiums- Total' reaching $2.68 billion. The estimate suggests a change of +7.9% year over year.
The consensus among analysts is that 'Investment income, net of expenses- Total' will reach $313.50 million. The estimate indicates a change of +10% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Personal Lines Insurance- Earned premiums' will likely reach $897.90 million. The estimate suggests a change of +11.7% year over year.
The consensus estimate for 'Revenues- Life Insurance Subsidiary- Earned premiums' stands at $85.37 million. The estimate suggests a change of +2.9% year over year.
The collective assessment of analysts points to an estimated 'Property Casualty Insurance Segment - Expense Ratio' of 28.8%. Compared to the present estimate, the company reported 28.6% in the same quarter last year.
Analysts forecast 'Property Casualty Insurance Segment - Loss and loss expenses' to reach 68.3%. Compared to the current estimate, the company reported 66.3% in the same quarter of the previous year.
Analysts expect 'Property Casualty Insurance Segment - Combined Ratio' to come in at 97.1%. Compared to the present estimate, the company reported 94.9% in the same quarter last year.
The average prediction of analysts places 'Commercial Lines Insurance - Loss and loss expenses' at 69.6%. The estimate compares to the year-ago value of 63.3%.
It is projected by analysts that the 'Excess and surplus lines insurance - Loss and loss expenses' will reach 65.2%. Compared to the current estimate, the company reported 63.5% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Commercial Lines Insurance - Underwriting expenses' should arrive at 30.2%. Compared to the current estimate, the company reported 29.6% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Excess and surplus lines insurance - Underwriting expenses' should come in at 27.6%. Compared to the present estimate, the company reported 27.6% in the same quarter last year.
Analysts predict that the 'Personal Lines Insurance - Underwriting expenses' will reach 28.2%. Compared to the present estimate, the company reported 27.6% in the same quarter last year.
Cincinnati Financial shares have witnessed a change of +2.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.3% move. With a Zacks Rank #2 (Buy), CINF is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Image: Bigstock
Seeking Clues to Cincinnati Financial (CINF) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts expect Cincinnati Financial (CINF - Free Report) to post quarterly earnings of $1.82 per share in its upcoming report, which indicates a year-over-year decline of 7.6%. Revenues are expected to be $3.01 billion, up 8.4% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Cincinnati Financial metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts' assessment points toward 'Revenues- Earned premiums- Total' reaching $2.68 billion. The estimate suggests a change of +7.9% year over year.
The consensus among analysts is that 'Investment income, net of expenses- Total' will reach $313.50 million. The estimate indicates a change of +10% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Personal Lines Insurance- Earned premiums' will likely reach $897.90 million. The estimate suggests a change of +11.7% year over year.
The consensus estimate for 'Revenues- Life Insurance Subsidiary- Earned premiums' stands at $85.37 million. The estimate suggests a change of +2.9% year over year.
The collective assessment of analysts points to an estimated 'Property Casualty Insurance Segment - Expense Ratio' of 28.8%. Compared to the present estimate, the company reported 28.6% in the same quarter last year.
Analysts forecast 'Property Casualty Insurance Segment - Loss and loss expenses' to reach 68.3%. Compared to the current estimate, the company reported 66.3% in the same quarter of the previous year.
Analysts expect 'Property Casualty Insurance Segment - Combined Ratio' to come in at 97.1%. Compared to the present estimate, the company reported 94.9% in the same quarter last year.
The average prediction of analysts places 'Commercial Lines Insurance - Loss and loss expenses' at 69.6%. The estimate compares to the year-ago value of 63.3%.
It is projected by analysts that the 'Excess and surplus lines insurance - Loss and loss expenses' will reach 65.2%. Compared to the current estimate, the company reported 63.5% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Commercial Lines Insurance - Underwriting expenses' should arrive at 30.2%. Compared to the current estimate, the company reported 29.6% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Excess and surplus lines insurance - Underwriting expenses' should come in at 27.6%. Compared to the present estimate, the company reported 27.6% in the same quarter last year.
Analysts predict that the 'Personal Lines Insurance - Underwriting expenses' will reach 28.2%. Compared to the present estimate, the company reported 27.6% in the same quarter last year.
View all Key Company Metrics for Cincinnati Financial here>>>Cincinnati Financial shares have witnessed a change of +2.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.3% move. With a Zacks Rank #2 (Buy), CINF is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .