Cincinnati Financial: 1Q Earnings Snapshot
FAIRFIELD, Ohio (AP) _ Cincinnati Financial Corp. (CINF) on Wednesday reported first-quarter net income of $695 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Fairfield, Ohio-based company said it had net income of $4.22. Cincinnati Financial shares have increased 13 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 17 percent. In the final minutes of trading on Wednesday, shares hit $87.69, an increase of 17 percent in the last 12 months.