Cincinnati Financial Corp. Q2 adjusted earnings Beat Estimates

Cincinnati Financial Corp. (CINF) announced earnings for its second quarter that advanced from the same period last year.

The company's earnings came in at $217 million, or $1.32 per share. This compares with $100 million, or $0.60 per share, in last year's second quarter.

Excluding items, Cincinnati Financial Corp. reported adjusted earnings of $133 million or $0.81 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.2% to $1.56 billion from $1.39 billion last year.

Cincinnati Financial Corp. earnings at a glance:

-Earnings (Q2): $133 Mln. vs. $107 Mln. last year.
-EPS (Q2): $0.81 vs. $0.64 last year.
-Analysts Estimate: $0.59
-Revenue (Q2): $1.56 Bln vs. $1.39 Bln last year.

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