Cincinnati Financial Corp. (CINF) reported that its first-quarter 2012 net income was $86 million, or $0.53 per share, up from $61 million, or $0.38 per share, in the first quarter of 2011.
The company said that a $25 million increase in first-quarter 2012 net income reflected a $25 million improvement, after taxes, in the contribution from property casualty underwriting - despite the unfavorable effect of $31 million from higher natural catastrophe losses.
Operating income was $77 million, or $0.48 per share, up 43 percent compared with $54 million or $0.33 per share last year.
Total revenues for the quarter rose to $986 million from $929 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share on revenues of $957.27 million for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.