Cincinnati Financial (CINF) Revenue — Quarter Ended Jun 30, 2023
Revenue increased significantly in the current quarter. The growth was driven by strong performance compared to both the prior quarter and the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased significantly in the current quarter. The growth was driven by strong performance compared to both the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+16.2%
Change from the immediately preceding quarter.
Year-over-year
+217.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.4B | -21.0% |
| Dec 31, 2022 | $3.1B | -6.1% |
| Mar 31, 2023 | $2.2B | +84.0% |
| Jun 30, 2023 | $2.6B | +217.7% |
Revenue performance
Revenue rose sharply from the immediately preceding quarter, continuing an upward trend. The increase was substantial relative to the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue improved markedly. Versus the same quarter a year ago, revenue was substantially higher.
What to watch
The filing context does not provide specific risk factors or management discussion for this quarter's revenue change.