Cincinnati Financial Corp. Q1 Earnings Advance 53%

(RTTNews) - Cincinnati Financial Corp. (CINF) released a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $148 million, or $0.89 per share. This was up from $97 million, or $0.59 per share, in last year's first quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.4% to $1.36 billion. This was up from $1.29 billion last year.

Cincinnati Financial Corp. earnings at a glance:

-Earnings (Q1): $148 Mln. vs. $97 Mln. last year. -Earnings Growth (Y-o-Y): 52.6% -EPS (Q1): $0.89 vs. $0.59 last year. -EPS Growth (Y-o-Y): 50.8% -Analysts Estimate: $0.70 -Revenue (Q1): $1.36 Bln vs. $1.29 Bln last year. -Revenue Change (Y-o-Y): 5.4%