Cincinnati Financial Corp. Q2 Profit Falls 31%

(RTTNews) - Cincinnati Financial Corp. (CINF) released earnings for second quarter that fell from last year.

The company said its profit dropped to $95 million, or $0.57 per share. This was lower than $138 million, or $0.83 per share, in last year's second quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $1.37 billion. This was up from $1.32 billion last year.

Cincinnati Financial Corp. earnings at a glance:

-Earnings (Q2): $95 Mln. vs. $138 Mln. last year. -Earnings Decline (Y-o-Y): -31.2% -EPS (Q2): $0.57 vs. $0.83 last year. -EPS Decline (Y-o-Y): -31.3% -Analysts Estimate: $0.43 -Revenue (Q2): $1.37 Bln vs. $1.32 Bln last year. -Revenue Change (Y-o-Y): 3.8%