Cincinnati Financial Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Cincinnati Financial Corp (NASDAQ:CINF) will unveil its latest earnings on Wednesday, February 8, 2012. Cincinnati Financial markets property casualty insurance.

Cincinnati Financial Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 57 cents per share, a decline of 18.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 44 cents. Between one and three months ago, the average estimate moved up. It has risen from 45 cents during the last month. For the year, analysts are projecting profit of 46 cents per share, a decline of 72.6% from last year.

Past Earnings Performance: Last quarter, the company met expectations by reporting net income of 13 cents per share last quarter. In the previous second quarter, the company beat estimates by 7 cents.

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Wall St. Revenue Expectations: On average, analysts predict $952.6 million in revenue this quarter, a rise of 1.8% from the year ago quarter. Analysts are forecasting total revenue of $3.77 billion for the year, no change from last year’s revenue of $3.77 billion.

Analyst Ratings: Analysts seem relatively indifferent about Cincinnati with six of seven analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 87.8% to $19 million (12 cents a share) from $156 million (95 cents a share) the year earlier, meeting analyst expectations. Revenue fell 11.9% to $944 million from $1.07 billion.

Key Stats:

A year-over-year revenue decrease in the third quarter snapped a streak of two consecutive quarters of revenue increases. Revenue rose 11% in the second quarter and 4.7% in the first quarter.

Stock Price Performance: During November 4, 2011 to February 2, 2012, the stock price had risen $4.23 (14.7%) from $28.82 to $33.05. The stock price saw one of its best stretches over the last year between December 19, 2011 and December 27, 2011 when shares rose for six-straight days, rising 5% (+$1.46) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 7.1% (-$1.98) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com