CINCINNATI FINANCIAL (CINF) REPORTS STRONG Q4 EARNINGS
FAIRFIELD, Ohio, March [DATE] - Cincinnati Financial Corp. (CINF) today announced its financial results for the fourth quarter of 2023.
Key Highlights:
* Net income of $405 million, representing $2.56 per diluted share
* Adjusted earnings of $3.14 per diluted share, exceeding analyst estimates of $1.90 per share
* Total revenue of $2.54 billion
* Adjusted revenue of $2.65 billion, surpassing market expectations of $2.63 billion
The company's performance exceeded Wall Street expectations, driven by strong growth in its insurance business. CINF's results demonstrate its continued financial strength and commitment to delivering shareholder value.