Cincinnati Financial (CINF) Tops Q1 EPS by 6c

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Cincinnati Financial Reports First-Quarter 2015 Results

April 28, 2015 4:03 PM EDT

CINCINNATI, April 28, 2015 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today reported:

First-quarter 2015 net income of $128 million, or 77 cents per share, compared with $91 million, or 55 cents per share, in the first quarter of 2014. $20 million or 26 percent rise in operating income* to $97 million, or 59 cents per share, up from $77 million, or 46 cents per share, in the first quarter of last year. $37 million increase in first-quarter 2015 net income reflected the after-tax net effect of two primary items: $18 million improvement in the contribution from property casualty underwriting,... More