Revenue Update on Cincinnati Financial Corporation(NASDAQ:CINF)

Cincinnati Financial Corporation(NASDAQ:CINF) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $1.37B. Analysts estimated a revenue of $1.32B. Earnings per share were $0.57. Analysts had estimated an EPS of $0.63.

Cincinnati Financial Corporation (CINF) shares turned negative on Fridays trading session with the shares closing down -0.54 points or -0.72% at a volume of 14,43,545. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $75.37. The peak price level was also seen at $75.37 while the days lowest was $74.64. Finally the shares closed at $74.7. The 52-week high of the shares is $77.3 while the 52-week low is $49.72. According to the latest information available, the market cap of the company is $12,294 M.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, Dirk J Debbink (director) purchased 144 shares at $69.49 per share price.

Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in 39 states. The Company operates through five segments: Commercial lines Personal lines Excess and surplus lines Life insurance and Investments. It operates through its three subsidiaries: The Cincinnati Insurance Company CSU Producer Resources Inc. and CFC Investment Company. Its market property casualty insurance group includes two of those subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business homeowner and auto policies. Other subsidiaries of The Cincinnati Insurance Company include The Cincinnati Life Insurance Company which provides life insurance disability income policies and fixed annuities and The Cincinnati Specialty Underwriters Insurance Company which offers excess and surplus lines insurance products.

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