Cincinnati Financial Results Top Estimates

(RTTNews) - Property and casualty insurer Cincinnati Financial Corp (CINF) on Wednesday reported fourth-quarter net earnings of $167 million or $1.02 per share compared with $122 million or $0.74 per share last year.

Excluding items, operating earnings for the quarter were $0.89 per share compared with $0.72 per share a year ago.

Revenues for the quarter were up 8% at $1.26 billion compared with $1.17 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.85 per share on revenues of $1.23 billion for the quarter. Analysts' estimates typically exclude special items.