Cincinnati Financial (CINF) Tops Q4 EPS by 13c
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Cincinnati Financial Reports Fourth-Quarter and Full-Year 2019 Results
February 5, 2020 4:05 PM ESTCINCINNATI, Feb. 5, 2020 /PRNewswire/ --Â Cincinnati Financial Corporation (Nasdaq: CINF)Â today reported:
Fourth-quarter 2019 net income of $626 million, or $3.79 per share, compared with a net loss of $452 million, or $2.78 per share, in the fourth quarter of 2018. Full-year 2019 net income of $1.997 billion, or $12.10 per share, compared with $287 million, or $1.75 per share, in 2018. $44 million or 28% increase in fourth-quarter 2019 non-GAAP operating income* to $203 million, or $1.23 per share, compared with $159 million, or 98 cents per share, in the fourth quarter of last year. $145 million or 26% increase in full-year 2019 non-GAAP operating income... More