Cincinnati Financial (CINF) Tops Q4 EPS by 14c

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Go back to Cincinnati Financial (CINF) Tops Q4 EPS by 14c

Cincinnati Financial Reports Fourth-Quarter and Full-Year 2018 Results

February 6, 2019 4:05 PM EST

CINCINNATI, Feb. 6, 2019 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today reported:

Fourth-quarter 2018 net loss of $452 million, or $2.78 per share, compared with $642 million of net income, or $3.88 per share, in the fourth quarter of 2017, after recognizing a $599 million reduction 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. Full-year 2018 net income of $287 million, or $1.75 per share, compared with $1.045 billion, or $6.29 per share, in 2017. $94 million or 21 percent increase in full-year 2018 non-GAAP... More