Cincinnati Financial (CINF) Tops Q3 EPS by 33c
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Cincinnati Financial Reports Third-Quarter 2015 Results
October 27, 2015 4:05 PM EDTCINCINNATI, Oct. 27, 2015 /PRNewswire/ --Â Cincinnati Financial Corporation (Nasdaq: CINF) today reported:
Third-quarter 2015 net income of $174 million, or $1.05 per share, compared with $183 million, or $1.11 per share, in the third quarter of 2014. $32 million or 23 percent rise in operating income* to $172 million, or $1.04 per share, up from $140 million, or 85 cents per share, in the third quarter of last year. $9 million decrease in third-quarter 2015 net income, reflecting the after-tax net effect of two primary items: $41 million reduction in net realized investment gains that offset $25 million of improvement in the contribution... More