Cincinnati Financial (CINF) Tops Q2 EPS by 14c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Cincinnati Financial Reports Second-Quarter 2016 Results
July 26, 2016 4:06 PM EDTCINCINNATI, July 26, 2016 /PRNewswire/ --Â Cincinnati Financial Corporation (Nasdaq: CINF) today reported:
Second-quarter 2016 net income of $123 million, or 74 cents per share, compared with $176 million, or $1.06 per share, in the second quarter of 2015. $43 million decrease in operating income* to $95 million, or 57 cents per share, down from $138 million, or 83 cents per share, in the second quarter of last year. $53 million decrease in second-quarter 2016 net income, reflecting the after-tax net effect of two primary items: $47 million reduction in the contribution from property casualty underwriting, including an unfavorable effect... More