Cincinnati Financial is set to announce its second-quarter earnings this Monday afternoon. Analysts expect revenue to grow 8.2% year on year, a slowdown from the 15.3% increase in the same quarter last year. The company met revenue expectations last quarter with $2.93 billion, up 11.4% year on year, but missed book value per share estimates. Peers First American Financial and RLI have already reported Q2 results, with revenue growth of 15% and 5% respectively, both beating expectations. Cincinnati Financial's stock price was unchanged over the last month, heading into earnings with an average analyst price target of $189.17 compared to the current share price of $182.78.
Cincinnati Financial CorporationCompany is about to report Q2 earnings; revenue expected to grow 8.2% but slowdown from prior year, and missed book value estimates last quarter.
First American Corporation
RLI Corp