Cincinnati Financial (CINF) Revenue — Quarter Ended Mar 31, 2024
Revenue declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The trailing twelve-month revenue remained materially above the prior-year figure.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined from the immediately preceding quarter but rose compared to the same quarter one year earlier. The trailing twelve-month revenue remained materially above the prior-year figure.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
-12.5%
Change from the immediately preceding quarter.
Year-over-year
+31.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.7B
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 |
|---|---|---|
| Jun 30, 2023 | $2.6B | +217.7% |
| Sep 30, 2023 | $1.8B | +28.4% |
| Dec 31, 2023 | $3.4B | +7.7% |
| Mar 31, 2024 | $2.9B | +31.0% |
Revenue performance
The reported revenue for the quarter was lower than the previous quarter, reflecting a sequential decrease. However, the year-over-year comparison showed a substantial increase, indicating a positive trend relative to the same period last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased.
What to watch
The sequential decline from the prior quarter, despite strong year-over-year growth, may warrant attention to revenue sustainability.