Investing.com - Cincinnati Financial reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cincinnati Financial announced earnings per share of $1.37 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $1.5B.
Cincinnati Financial shares are up 41% from the beginning of the year and are trading at $106.74 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.41% from the start of the year.
Cincinnati Financial follows other major Financial sector earnings this month
Cincinnati Financial's report follows an earnings beat by JPMorgan on April 14, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar