Cincinnati Financial Corporation (CINF) reported third quarter net income of $171 million or $1.05 per share, compared to $247 million or $1.50 per share last year.
On average, 5 analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share. Analysts' estimates typically exclude special items.
Total revenues declined to $1 billion from $1.19 billion in the same quarter last year. Three analysts estimated revenues of $892.33 million.
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