Stay Ahead of the Game With Cincinnati Financial (CINF) Q1 Earnings: Wall Street's Insights on Key Metrics
The upcoming report from Cincinnati Financial (CINF) is expected to reveal quarterly earnings of $1.69 per share, indicating an increase of 89.9% compared to the year-ago period. Analysts forecast revenues of $2.36 billion, representing an increase of 10.4% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Cincinnati Financial metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Total revenues- Personal lines insurance' to come in at $579.84 million. The estimate points to a change of +24.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Investment income, net of expenses- Total' should come in at $238.26 million. The estimate points to a change of +13.5% from the year-ago quarter.
Analysts' assessment points toward 'Total revenues- Commercial lines insurance' reaching $1.11 billion. The estimate indicates a change of +4.5% from the prior-year quarter.
It is projected by analysts that the 'Total revenues- Excess and surplus lines insurance' will reach $140.66 million. The estimate points to a change of +10.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Property Casualty Insurance Segment - Expense Ratio' of 29.6%. Compared to the current estimate, the company reported 29.1% in the same quarter of the previous year.
Analysts forecast 'Property Casualty Insurance Segment - Loss and loss expenses' to reach 65.2%. The estimate compares to the year-ago value of 71.6%.
The consensus estimate for 'Property Casualty Insurance Segment - Combined Ratio' stands at 94.8%. The estimate is in contrast to the year-ago figure of 100.7%.
The average prediction of analysts places 'Commercial Lines Insurance - Loss and loss expenses' at 66.7%. The estimate is in contrast to the year-ago figure of 70.9%.
The consensus among analysts is that 'Excess and surplus lines insurance - Loss and loss expenses' will reach 64.2%. Compared to the current estimate, the company reported 64.2% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Commercial Lines Insurance - Underwriting expenses' will likely reach 30.7%. The estimate compares to the year-ago value of 29.5%.
Analysts predict that the 'Excess and surplus lines insurance - Underwriting expenses' will reach 25.9%. The estimate is in contrast to the year-ago figure of 25.7%.
Based on the collective assessment of analysts, 'Personal Lines Insurance - Underwriting expenses' should arrive at 29.9%. Compared to the current estimate, the company reported 29.2% in the same quarter of the previous year.
View all Key Company Metrics for Cincinnati Financial here>>>
Shares of Cincinnati Financial have demonstrated returns of +2.2% over the past month compared to the Zacks S&P 500 composite's -4% change. With a Zacks Rank #2 (Buy), CINF is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Cincinnati Financial Corporation (CINF) : Free Stock Analysis Report
