- Cincinnati Financial press release ( NASDAQ: CINF ): Q4 Non-GAAP EPS of $1.27 misses by $0.01 .
- Revenue of $3.11B (-6.3% Y/Y) in-line.
- Earned premiums of $1.87B (+12% Y/Y)
- $67.01 book value per share at December 31, 2022, down $14.71 or 18.0% since year-end 2021.
- Negative 14.6% value creation ratio for full-year 2022, compared with positive 25.7% for 2021.
- 94.9% fourth-quarter 2022 property casualty combined ratio, up from 84.2% for the fourth quarter of 2021. Full-year 2022 property casualty combined ratio at 98.1%, with net written premiums up 13%.
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Cincinnati Financial Non-GAAP EPS of $1.27 misses by $0.01, revenue of $3.11B in-line