Financial Stocks Set for Earnings Releases to Shareholders

Cincinnati Financial Corp (NASDAQ:CINF) will unveil its latest earnings on Wednesday, February 8, 2012. 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.

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. 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.

Competitors to Watch: American Financial Group (NYSE:AFG), Selective Insurance Group (NASDAQ:SIGI), United Fire & Casualty (NASDAQ:UFCS), CNA Financial Corporation (NYSE:CNA), Harleysville Group Inc. (NASDAQ:HGIC), Markel Corporation (NYSE:MKL), W.R. Berkley Corporation (NYSE:WRB), The Travelers Companies, Inc. (NYSE:TRV), Old Republic Intl. Corp. (NYSE:ORI), American Insurance Group (NYSE:AIG) and The Hanover Insurance Group, Inc. (NYSE:THG).

General Growth Properties (NYSE:GGP) will unveil its latest earnings on Wednesday, February 8, 2012. The average estimate of analysts is for net income of 28 cents per share, a rise of 12% 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 27 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 28 cents during the last month. Analysts are projecting profit to rise by 1.1% versus last year to 92 cents.

The company beat estimates last quarter after falling short in the prior two. In the third quarter, the company reported profit of 23 cents per share versus a mean estimate of net income of 22 cents per share. In the second quarter, the company missed estimates by 3 cents. Analysts are projecting a decline of 6% in revenue from the year-earlier quarter to $682.8 million.

Competitors to Watch: The Macerich Company (NYSE:MAC), Urstadt Biddle Properties Inc. (NYSE:UBA), One Liberty Properties, Inc. (NYSE:OLP), Weingarten Realty Investors (NYSE:WRI), CBL & Associates Properties, Inc. (NYSE:CBL), Saul Centers, Inc. (NYSE:BFS), Kite Realty Group Trust (NYSE:KRG), Entertainment Properties Trust (NYSE:EPR), Federal Realty Inv. Trust (NYSE:FRT), and Alexander’s, Inc. (NYSE:ALX).

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