How did CINF's Q1 2024 EPS outperform forecasts?

Cincinnati Financial's (CINF) Q1 2024 diluted EPS of $4.78 exceeded market forecasts by $0.08, or 1.68%, as indicated by the EPS Surprise of $0.08 reported on March 31, 2024. This outperformance reflects the company's strong financial performance and operational efficiency, which are supported by factors such as higher insured exposures, rate increases, and a focused agent business model. |code|Ticker|Name|Date|Estimate EPS|EPS Surprise|market_code| |---|---|---|---|---|---|---| |CINF|CINF.O|Cincinnati Financial|2023 Q2|0.74|0.47|185| |CINF|CINF.O|Cincinnati Financial|2023 Q3|1.15|0.51|185| |CINF|CINF.O|Cincinnati Financial|2023 Q4|1.92|0.36|185| |CINF|CINF.O|Cincinnati Financial|2024 Q1|1.64|0.08|185|