Investing.com - Cincinnati Financial (NASDAQ:CINF) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $1.58 on revenue of $1.69B. Analysts polled by Investing.com anticipated EPS of $1.48 on revenue of $1.63B.
Cincinnati Financial shares are down 22% from the beginning of the year, still down 5.04% from its 52 week high of $143.22 set on April 21. They are under-performing the Nasdaq 100 which is down 17.55% from the start of the year.
Cincinnati Financial shares lost 0.08% in after-hours trade following the report.
Cincinnati Financial follows other major Financial sector earnings this month
Cincinnati Financial's report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on April 18 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar