Cincinnati Financial (CINF) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter moved higher compared with both the prior quarter and the same quarter a year earlier. The sequential increase is notably larger than the year-over-year gain.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter moved higher compared with both the prior quarter and the same quarter a year earlier. The sequential increase is notably larger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
+85.3%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$10B
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 |
|---|---|---|
| Mar 31, 2023 | $2.2B | +84.0% |
| Jun 30, 2023 | $2.6B | +217.7% |
| Sep 30, 2023 | $1.8B | +28.4% |
| Dec 31, 2023 | $3.4B | +7.7% |
Revenue performance
The reported revenue reflects an upward direction for the quarter.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved substantially. Versus the same quarter one year earlier, revenue also increased, though by a smaller margin.
What to watch
The sequential comparison shows a much steeper rise than the annual comparison, which may warrant attention in upcoming filings.