Sign In
NASDAQ:CINF
Cincinnati Financial Corporation Stock Earnings Reports
$145.39
+3.40 (+2.39%)
At Close: Mar 14, 2025
Cincinnati Financial Earnings Calls
Q4 2024
Beat
$3.14 (65.26%)
| Release date | Feb 10, 2025 |
| EPS estimate | $1.90 |
| EPS actual | $3.14 |
| EPS Surprise | 65.26% |
| Revenue estimate | 2.327B |
| Revenue actual | 2.538B |
| Revenue Surprise | 9.05% |
Q3 2024
Missed
$1.42 (-2.74%)
| Release date | Oct 24, 2024 |
| EPS estimate | $1.46 |
| EPS actual | $1.42 |
| EPS Surprise | -2.74% |
| Revenue estimate | 2.254B |
| Revenue actual | 3.32B |
| Revenue Surprise | 47.29% |
Q2 2024
Beat
$1.29 (34.24%)
| Release date | Jul 25, 2024 |
| EPS estimate | $0.96 |
| EPS actual | $1.29 |
| EPS Surprise | 34.24% |
| Revenue estimate | 2.211B |
| Revenue actual | 2.544B |
| Revenue Surprise | 15.05% |
Q1 2024
Beat
$1.72 (1.78%)
| Release date | Apr 25, 2024 |
| EPS estimate | $1.69 |
| EPS actual | $1.72 |
| EPS Surprise | 1.78% |
| Revenue estimate | 2.126B |
| Revenue actual | 2.935B |
| Revenue Surprise | 38.05% |
Last 4 Quarters for Cincinnati Financial
Below you can see how CINF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Beat
| Release date | Apr 25, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $118.44 |
| EPS estimate | $1.69 |
| EPS actual | $1.72 |
| EPS surprise | 1.78% |
| Date | Price |
|---|---|
| Apr 19, 2024 | $119.95 |
| Apr 22, 2024 | $120.96 |
| Apr 23, 2024 | $120.83 |
| Apr 24, 2024 | $119.92 |
| Apr 25, 2024 | $118.44 |
| Apr 26, 2024 | $110.88 |
| Apr 29, 2024 | $113.55 |
| Apr 30, 2024 | $115.69 |
| May 01, 2024 | $117.30 |
| 4 days before | -1.26% |
| 4 days after | -0.96% |
| On release day | -6.38% |
| Change in period | -2.21% |
Q2 2024
Beat
| Release date | Jul 25, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $120.30 |
| EPS estimate | $0.96 |
| EPS actual | $1.29 |
| EPS surprise | 34.24% |
| Date | Price |
|---|---|
| Jul 19, 2024 | $121.03 |
| Jul 22, 2024 | $120.39 |
| Jul 23, 2024 | $121.20 |
| Jul 24, 2024 | $120.03 |
| Jul 25, 2024 | $120.30 |
| Jul 26, 2024 | $123.96 |
| Jul 29, 2024 | $126.45 |
| Jul 30, 2024 | $130.18 |
| Jul 31, 2024 | $130.62 |
| 4 days before | -0.603% |
| 4 days after | 8.58% |
| On release day | 3.04% |
| Change in period | 7.92% |
Q3 2024
Missed
| Release date | Oct 24, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $138.24 |
| EPS estimate | $1.46 |
| EPS actual | $1.42 |
| EPS surprise | -2.74% |
| Date | Price |
|---|---|
| Oct 18, 2024 | $141.40 |
| Oct 21, 2024 | $140.17 |
| Oct 22, 2024 | $138.60 |
| Oct 23, 2024 | $138.88 |
| Oct 24, 2024 | $138.24 |
| Oct 25, 2024 | $141.25 |
| Oct 28, 2024 | $144.49 |
| Oct 29, 2024 | $142.00 |
| Oct 30, 2024 | $143.44 |
| 4 days before | -2.23% |
| 4 days after | 3.76% |
| On release day | 2.18% |
| Change in period | 1.44% |
Q4 2024
Beat
| Release date | Feb 10, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $135.62 |
| EPS estimate | $1.90 |
| EPS actual | $3.14 |
| EPS surprise | 65.26% |
| Date | Price |
|---|---|
| Feb 04, 2025 | $135.63 |
| Feb 05, 2025 | $136.77 |
| Feb 06, 2025 | $137.91 |
| Feb 07, 2025 | $136.96 |
| Feb 10, 2025 | $135.62 |
| Feb 11, 2025 | $139.43 |
| Feb 12, 2025 | $133.67 |
| Feb 13, 2025 | $137.19 |
| Feb 14, 2025 | $136.97 |
| 4 days before | -0.0074% |
| 4 days after | 1.00% |
| On release day | 2.81% |
| Change in period | 0.99% |
Cincinnati Financial Earnings Call Transcript Summary of Q4 2024
Financial Performance Highlights:
- Net Income: Rose to $405 million in Q4 2024, a 24% increase year-over-year. This included a $107 million after-tax recognition for a decrease in fair value of equity securities.
- Operating Income: Increased by 38% to $497 million in Q4 and by 26% for the full year 2024.
- Combined Ratio: Improved to 84.7% for Q4 2024, with a full-year ratio of 93.4%, reflecting strong underwriting performance.
- Premium Growth: Consolidated property casualty net written premiums grew 17% in Q4, including:
- 15% from agency renewal premiums
- 23% from new business
Segment Performance:
- Commercial Lines: Net written premiums grew 8% with a combined ratio of 93.2%, improved by 3 percentage points.
- Personal Lines: Net written premiums grew 30% with a combined ratio of 97.5%, improved by 2.9 percentage points.
- Excess and Surplus Lines: Grew net written premiums by 15%, although the combined ratio increased to 94.0%, still deemed profitable.
- Life Insurance Subsidiary: Reported a 21% increase in net income.
Investment Performance:
- Investment Income: Reached $1 billion for the year, up by 15%. The interest income grew by 28% in Q4.
- Net Losses in Investment Portfolio: Unrealized losses in equity ($136 million) and bond ($350 million) portfolios were noted, but the total investment portfolio has a net appreciated value of approximately $6.7 billion.
Catastrophic Loss Estimates:
- California Wildfires: Estimated Q1 2025 pre-tax catastrophe losses between $450 million and $525 million. Affected segments include:
- Personal lines (73%)
- Cincinnati Re (24%)
- Cincinnati Global (3%)
Capital Management and Shareholder Returns:
- Returned $490 million to shareholders in the form of dividends. The Board has approved a 7% dividend increase, extending the streak of increasing dividends to 65 years.
Future Outlook and Strategy:
- Anticipates stable growth with careful underwriting and pricing strategies based on risk segmentation.
- The company remains focused on enhancing financial strength while navigating changing market dynamics, especially in the face of recent catastrophic events.
Operational Efficiency:
- Maintained expense control with a property casualty underwriting expense ratio of 29.9%, consistent with the previous year.
Management's Commitment:
- Executives emphasized a commitment to stability and financial strength, focusing on providing excellent service and support to agents and policyholders during challenging times.
Cincinnati Financial Earnings History
Earnings Calendar
FAQ
When is the earnings report for CINF?
Cincinnati Financial Corporation (CINF) has scheduled its earnings report for Apr 24, 2025 before the markets open.
What is the CINF price-to-earnings (P/E) ratio?
CINF P/E ratio as of Mar 14, 2025 (TTM) is 9.91.
What is the CINF EPS forecast?
The forecasted EPS (Earnings Per Share) for Cincinnati Financial Corporation (CINF) for the first fiscal quarter 2025 is -$0.490.
What are Cincinnati Financial Corporation's retained earnings?
On its balance sheet, Cincinnati Financial Corporation reported retained earnings of $2.54 billion for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
