FAIRFIELD, Ohio (AP) 鈥� FAIRFIELD, Ohio (AP) 鈥� Cincinnati Financial Corp. (CINF) on Monday reported second-quarter earnings of $1.25 billion.
The Fairfield, Ohio-based company said it had net income of $8.05 per share. Earnings, adjusted for investment gains, were $1.43 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.
The insurer posted revenue of $4.27 billion in the period. Its adjusted revenue was $2.97 billion, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $3.01 billion.
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