Subtext

Cincinnati Financial Corporation CINF

SectorFinancials
Transcripts66
Date range2008-02-06 – 2025-02-11
Calls charted66

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-14-7+0+7+142007 Q42010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q4 · Overall: -5.62008 Q1 · Overall: -1.52008 Q2 · Overall: -1.62008 Q3 · Overall: +0.32008 Q4 · Overall: +1.02009 Q1 · Overall: +5.82009 Q2 · Overall: -1.72009 Q4 · Overall: +6.02010 Q1 · Overall: +0.62010 Q4 · Overall: +4.12011 Q1 · Overall: -0.22011 Q2 · Overall: -2.32011 Q3 · Overall: +2.02011 Q4 · Overall: +4.32012 Q1 · Overall: -2.42012 Q2 · Overall: -5.22012 Q3 · Overall: -0.42012 Q4 · Overall: +3.82013 Q1 · Overall: +0.22013 Q2 · Overall: +8.52013 Q3 · Overall: -3.92013 Q4 · Overall: +5.02014 Q1 · Overall: -2.32014 Q2 · Overall: -0.62014 Q3 · Overall: +2.82014 Q4 · Overall: +6.92015 Q1 · Overall: +4.92015 Q2 · Overall: +6.72015 Q3 · Overall: -0.42015 Q4 · Overall: +6.42016 Q1 · Overall: +8.62016 Q2 · Overall: +7.52016 Q3 · Overall: +5.72016 Q4 · Overall: +4.52017 Q1 · Overall: -2.82017 Q2 · Overall: +4.02017 Q3 · Overall: -8.52017 Q4 · Overall: +5.82018 Q1 · Overall: -5.52018 Q2 · Overall: -0.62018 Q3 · Overall: +0.02018 Q4 · Overall: +5.02019 Q1 · Overall: -2.42019 Q2 · Overall: +3.42019 Q3 · Overall: -1.42019 Q4 · Overall: +8.42020 Q1 · Overall: -5.92020 Q2 · Overall: -4.22020 Q3 · Overall: -11.42020 Q4 · Overall: -4.22021 Q1 · Overall: +7.12021 Q2 · Overall: +0.02021 Q3 · Overall: -2.62021 Q4 · Overall: +3.02022 Q1 · Overall: -12.02022 Q2 · Overall: -8.42022 Q3 · Overall: -7.82022 Q4 · Overall: -0.32023 Q1 · Overall: -5.42023 Q2 · Overall: -2.02023 Q3 · Overall: -1.82023 Q4 · Overall: +0.52024 Q1 · Overall: +1.12024 Q2 · Overall: -0.32024 Q3 · Overall: -2.52024 Q4 · Overall: -9.0
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-23-12+0+12+232007 Q42010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q4 · CEO: +0.02008 Q2 · CEO: +6.12008 Q3 · CEO: +4.82008 Q4 · CEO: +14.02009 Q1 · CEO: +13.52009 Q2 · CEO: +6.82009 Q4 · CEO: +15.52010 Q1 · CEO: +17.12010 Q4 · CEO: +20.12011 Q1 · CEO: +8.42011 Q2 · CEO: -5.52011 Q3 · CEO: +7.52011 Q4 · CEO: +12.22012 Q1 · CEO: +2.72012 Q2 · CEO: +1.32012 Q3 · CEO: +3.32012 Q4 · CEO: +8.52013 Q1 · CEO: +0.52013 Q2 · CEO: +16.22013 Q3 · CEO: -4.82013 Q4 · CEO: +6.02014 Q1 · CEO: +6.92014 Q2 · CEO: +0.02014 Q3 · CEO: +7.92014 Q4 · CEO: +17.52015 Q1 · CEO: +16.32015 Q2 · CEO: +18.32015 Q3 · CEO: +1.02015 Q4 · CEO: +12.22016 Q1 · CEO: +13.12016 Q2 · CEO: +20.12016 Q3 · CEO: +17.52016 Q4 · CEO: +7.62017 Q1 · CEO: +6.12017 Q2 · CEO: +9.32017 Q3 · CEO: -8.32017 Q4 · CEO: +14.82018 Q1 · CEO: +2.72018 Q2 · CEO: +3.42018 Q3 · CEO: -0.42018 Q4 · CEO: +7.82019 Q4 · CEO: +17.62020 Q1 · CEO: -1.22020 Q2 · CEO: +0.52020 Q3 · CEO: -6.02020 Q4 · CEO: +1.22021 Q2 · CEO: +17.62021 Q3 · CEO: +6.72021 Q4 · CEO: +12.62022 Q3 · CEO: -6.02022 Q4 · CEO: +2.62023 Q1 · CEO: -0.32023 Q2 · CEO: +10.22023 Q4 · CEO: +6.12024 Q1 · CEO: +11.52007 Q4 · CFO: -6.42008 Q1 · CFO: -5.42008 Q2 · CFO: -16.72008 Q3 · CFO: +1.72008 Q4 · CFO: -3.42009 Q1 · CFO: +1.02009 Q2 · CFO: -1.42009 Q4 · CFO: +10.42010 Q1 · CFO: -4.22010 Q4 · CFO: +8.12011 Q1 · CFO: -6.42011 Q2 · CFO: +2.72011 Q3 · CFO: +10.22011 Q4 · CFO: +3.62012 Q1 · CFO: +7.52012 Q2 · CFO: +1.42012 Q3 · CFO: +1.32012 Q4 · CFO: -4.52013 Q1 · CFO: +3.62013 Q2 · CFO: +9.52013 Q3 · CFO: +0.02013 Q4 · CFO: +6.02014 Q1 · CFO: +1.12014 Q2 · CFO: +6.82014 Q3 · CFO: +0.02014 Q4 · CFO: +0.02015 Q1 · CFO: +3.92015 Q2 · CFO: -7.92015 Q3 · CFO: +3.42015 Q4 · CFO: +3.82016 Q1 · CFO: -2.92016 Q2 · CFO: +2.72016 Q3 · CFO: +9.02016 Q4 · CFO: +1.02017 Q1 · CFO: -9.42017 Q2 · CFO: +5.32017 Q3 · CFO: -10.12017 Q4 · CFO: -5.02018 Q2 · CFO: +7.12018 Q3 · CFO: +10.82018 Q4 · CFO: +11.02019 Q4 · CFO: +14.72020 Q3 · CFO: -9.92020 Q4 · CFO: -3.52021 Q2 · CFO: -18.22021 Q3 · CFO: -10.52021 Q4 · CFO: +1.62022 Q2 · CFO: -7.22022 Q3 · CFO: -9.12023 Q1 · CFO: -8.12023 Q2 · CFO: -7.52023 Q4 · CFO: -8.22024 Q1 · CFO: +2.12024 Q2 · CFO: +3.92024 Q3 · CFO: -0.52024 Q4 · CFO: -5.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-42-21+0+21+422007 Q42010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22007 Q4 · Prepared remarks: -7.52008 Q1 · Prepared remarks: +0.42008 Q2 · Prepared remarks: -0.32008 Q3 · Prepared remarks: +3.42008 Q4 · Prepared remarks: +10.82009 Q1 · Prepared remarks: +9.12009 Q2 · Prepared remarks: +7.02009 Q4 · Prepared remarks: +16.12010 Q1 · Prepared remarks: +6.12010 Q4 · Prepared remarks: +21.32011 Q1 · Prepared remarks: +2.12011 Q2 · Prepared remarks: -3.22011 Q3 · Prepared remarks: +13.72011 Q4 · Prepared remarks: +6.82012 Q1 · Prepared remarks: +8.32012 Q2 · Prepared remarks: +5.42012 Q3 · Prepared remarks: +6.12012 Q4 · Prepared remarks: +7.62013 Q1 · Prepared remarks: +4.52013 Q2 · Prepared remarks: +11.52013 Q3 · Prepared remarks: +2.92013 Q4 · Prepared remarks: +10.12014 Q1 · Prepared remarks: -1.12014 Q2 · Prepared remarks: +3.92014 Q3 · Prepared remarks: +4.72014 Q4 · Prepared remarks: +6.82015 Q1 · Prepared remarks: +9.52015 Q2 · Prepared remarks: +8.92015 Q3 · Prepared remarks: +5.82015 Q4 · Prepared remarks: +10.42016 Q1 · Prepared remarks: +20.62016 Q2 · Prepared remarks: +17.52016 Q3 · Prepared remarks: +9.62016 Q4 · Prepared remarks: -2.22017 Q1 · Prepared remarks: -3.32017 Q2 · Prepared remarks: +8.52017 Q3 · Prepared remarks: -14.42017 Q4 · Prepared remarks: +3.92018 Q1 · Prepared remarks: +0.02018 Q2 · Prepared remarks: +2.92018 Q3 · Prepared remarks: +4.52018 Q4 · Prepared remarks: +7.52019 Q1 · Prepared remarks: +36.52019 Q2 · Prepared remarks: +14.42019 Q3 · Prepared remarks: +9.12019 Q4 · Prepared remarks: +26.12020 Q1 · Prepared remarks: -18.82020 Q2 · Prepared remarks: -5.62020 Q3 · Prepared remarks: -17.22020 Q4 · Prepared remarks: +1.62021 Q1 · Prepared remarks: -1.42021 Q2 · Prepared remarks: +0.52021 Q3 · Prepared remarks: -1.92021 Q4 · Prepared remarks: +7.32022 Q1 · Prepared remarks: -9.62022 Q2 · Prepared remarks: -4.02022 Q3 · Prepared remarks: -9.72022 Q4 · Prepared remarks: -1.62023 Q1 · Prepared remarks: -9.12023 Q2 · Prepared remarks: +0.52023 Q3 · Prepared remarks: +0.02023 Q4 · Prepared remarks: +3.22024 Q1 · Prepared remarks: +1.82024 Q2 · Prepared remarks: +1.02024 Q3 · Prepared remarks: -0.52024 Q4 · Prepared remarks: +0.52007 Q4 · Q&A responses: +2.82008 Q1 · Q&A responses: +2.12008 Q2 · Q&A responses: +0.62008 Q3 · Q&A responses: +1.52008 Q4 · Q&A responses: +0.02009 Q1 · Q&A responses: +2.02009 Q2 · Q&A responses: -1.02009 Q4 · Q&A responses: +1.32010 Q1 · Q&A responses: +3.62010 Q4 · Q&A responses: -2.22011 Q1 · Q&A responses: +2.82011 Q2 · Q&A responses: -0.62011 Q3 · Q&A responses: -1.62011 Q4 · Q&A responses: +7.72012 Q1 · Q&A responses: +1.12012 Q2 · Q&A responses: -6.52012 Q3 · Q&A responses: -1.32012 Q4 · Q&A responses: +3.12013 Q1 · Q&A responses: +1.92013 Q2 · Q&A responses: +9.82013 Q3 · Q&A responses: -6.32013 Q4 · Q&A responses: +3.32014 Q1 · Q&A responses: +3.22014 Q2 · Q&A responses: +0.92014 Q3 · Q&A responses: +3.62014 Q4 · Q&A responses: +12.42015 Q1 · Q&A responses: +8.42015 Q2 · Q&A responses: +6.32015 Q3 · Q&A responses: -1.32015 Q4 · Q&A responses: +6.92016 Q1 · Q&A responses: +5.32016 Q2 · Q&A responses: +5.52016 Q3 · Q&A responses: +4.72016 Q4 · Q&A responses: +9.72017 Q1 · Q&A responses: +3.52017 Q2 · Q&A responses: +6.52017 Q3 · Q&A responses: -1.32017 Q4 · Q&A responses: +9.02018 Q1 · Q&A responses: -5.12018 Q2 · Q&A responses: -3.02018 Q3 · Q&A responses: +0.02018 Q4 · Q&A responses: +7.62019 Q1 · Q&A responses: -4.12019 Q2 · Q&A responses: +4.22019 Q3 · Q&A responses: -0.32019 Q4 · Q&A responses: +6.52020 Q1 · Q&A responses: +3.52020 Q2 · Q&A responses: +0.02020 Q3 · Q&A responses: -1.62020 Q4 · Q&A responses: -3.82021 Q1 · Q&A responses: +20.92021 Q2 · Q&A responses: +9.32021 Q3 · Q&A responses: +0.02021 Q4 · Q&A responses: +6.92022 Q1 · Q&A responses: -8.02022 Q2 · Q&A responses: -2.72022 Q3 · Q&A responses: -1.52022 Q4 · Q&A responses: +7.22023 Q1 · Q&A responses: +2.72023 Q2 · Q&A responses: +5.52023 Q3 · Q&A responses: +3.52023 Q4 · Q&A responses: +3.62024 Q1 · Q&A responses: +10.42024 Q2 · Q&A responses: +3.62024 Q3 · Q&A responses: -1.12024 Q4 · Q&A responses: -14.6
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.13$4.75$7.372007 Q42010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22014 Q1: $2.492014 Q2: $2.582014 Q3: $2.682014 Q4: $2.682015 Q1: $2.662015 Q2: $2.562015 Q3: $2.762015 Q4: $2.752016 Q1: $2.922016 Q2: $3.092016 Q3: $3.112016 Q4: $3.072017 Q1: $3.112017 Q2: $2.932017 Q3: $3.022017 Q4: $3.082018 Q1: $3.342018 Q2: $3.192018 Q3: $3.272018 Q4: $3.332019 Q1: $3.492019 Q2: $3.682019 Q3: $3.822019 Q4: $3.872020 Q1: $3.982020 Q2: $3.522020 Q3: $3.662020 Q4: $3.862021 Q1: $4.082021 Q2: $4.462021 Q3: $5.082021 Q4: $5.172022 Q1: $5.472022 Q2: $5.702022 Q3: $5.102022 Q4: $4.912023 Q1: $5.492023 Q2: $5.342023 Q3: $5.882023 Q4: $6.172024 Q1: $6.452024 Q2: $6.692024 Q3: $7.01

Forward P/E

15.9523.4831.012007 Q42010 Q42013 Q12015 Q22017 Q32019 Q42022 Q12024 Q22014 Q1: 18.922014 Q2: 18.852014 Q3: 17.922014 Q4: 18.932015 Q1: 20.302015 Q2: 19.892015 Q3: 19.512015 Q4: 22.052016 Q1: 22.342016 Q2: 22.362016 Q3: 24.112016 Q4: 25.132017 Q1: 24.122017 Q2: 24.932017 Q3: 25.152017 Q4: 23.922018 Q1: 22.152018 Q2: 21.812018 Q3: 24.012018 Q4: 22.942019 Q1: 24.372019 Q2: 28.492019 Q3: 29.972019 Q4: 26.822020 Q1: 21.422020 Q2: 17.662020 Q3: 21.082020 Q4: 21.252021 Q1: 26.072021 Q2: 27.002021 Q3: 23.272021 Q4: 22.402022 Q1: 23.852022 Q2: 20.642022 Q3: 19.642022 Q4: 21.672023 Q1: 19.592023 Q2: 18.722023 Q3: 18.122023 Q4: 17.182024 Q1: 18.452024 Q2: 16.992024 Q3: 19.44

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q3 tone ↓ -7.1 fwd EPS ↑ +0.20 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -7.3 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↑ +6.9 fwd EPS ↓ -0.18 Tone rose while the forward EPS estimate was cut.
  • 2017 Q3 tone ↓ -12.5 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -11.3 fwd EPS ↑ +0.26 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q2 tone ↑ +4.9 fwd EPS ↓ -0.15 Tone rose while the forward EPS estimate was cut.
  • 2019 Q1 tone ↓ -7.4 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -4.9 fwd EPS ↑ +0.14 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -14.3 fwd EPS ↑ +0.11 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↓ -7.2 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q2 tone ↓ -7.1 fwd EPS ↑ +0.38 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -2.6 fwd EPS ↑ +0.63 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -15.1 fwd EPS ↑ +0.30 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +7.5 fwd EPS ↓ -0.19 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↓ -5.1 fwd EPS ↑ +0.58 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↑ +3.3 fwd EPS ↓ -0.15 Tone rose while the forward EPS estimate was cut.
  • 2024 Q3 tone ↓ -2.2 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2024 Q42025-02-11-9.0——View →
2024 Q32024-10-25-2.5$7.0119.4View →
2024 Q22024-07-26-0.3$6.6917.0View →
2024 Q12024-04-26+1.1$6.4518.4View →
2023 Q42024-02-07+0.5$6.1717.2View →
2023 Q32023-10-27-1.8$5.8818.1View →
2023 Q22023-07-28-2.0$5.3418.7View →
2023 Q12023-04-28-5.4$5.4919.6View →