Cincinnati Financial (CINF) Tops Q1 EPS by 26c
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Cincinnati Financial Reports First-Quarter 2021 Results
April 28, 2021 4:05 PM EDTCINCINNATI, April 28, 2021 /PRNewswire/ --Â Cincinnati Financial Corporation (Nasdaq: CINF)Â today reported:
First-quarter 2021 net income of $620 million, or $3.82 per share, compared with a net loss of $1.226 billion, or $7.56 per share, in the first quarter of 2020, after recognizing a $385 million first-quarter 2021 after-tax increase in the fair value of equity securities still held. $85 million or 62% increase in non-GAAP operating income* to $222 million, or $1.37 per share, compared with $137 million, or 84 cents per share, in the first quarter of last year. $1.846 billion increase in first-quarter 2021 net income,... More