Cincinnati Financial (CINF) Tops Q3 EPS by 11c

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Go back to Cincinnati Financial (CINF) Tops Q3 EPS by 11c

Cincinnati Financial Reports Third-Quarter 2018 Results

October 25, 2018 4:05 PM EDT

CINCINNATI, Oct. 25, 2018 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today reported:

Third-quarter 2018 net income of $553 million, or $3.38 per share, compared with $102 million, or 61 cents per share, in the third quarter of 2017, after recognizing a $356 million increase in the fair value of equity securities still held that prior to 2018 would have been reported in other comprehensive income instead of net income. $40 million or 41 percent increase in non-GAAP operating income* to $137 million, or 84 cents per share, compared with $97 million, or 58 cents per share, in the third quarter of last year.... More