Benzinga | Jul 27, 2020 04:09PM EDT

Cincinnati Financial Q2 EPS $0.44 Misses $0.67 Estimate, Sales $2.71B May Not Compare To $1.61B Estimate

Cincinnati Financial (NASDAQ:CINF) reported quarterly earnings of $0.44 per share which missed the analyst consensus estimate of $0.67 by 34.33 percent. This is a 48.24 percent decrease over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $2.71 billion which beat the analyst consensus estimate of $1.61 billion by 68.57 percent. This is a 41.87 percent increase over sales of $1.91 billion the same period last year.