Benzinga | Oct 26, 2020 04:15PM EDT

Cincinnati Financial Q3 Adj. EPS $0.39 Misses $0.74 Estimate, Sales $2.23B Beat $1.65B Estimate

Cincinnati Financial (NASDAQ:CINF) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.74 by 47.3 percent. This is a 63.89 percent decrease over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $2.23 billion which beat the analyst consensus estimate of $1.65 billion by 34.97 percent. This is a 31.00 percent increase over sales of $1.70 billion the same period last year.