Cincinnati Financial jumps on Q2 beat

Cincinnati Financial shares rose as much as 5.7 percent in early
New York trading after the insurer beat Wall Street earnings
estimates late yesterday, posting an operating profit of $0.64 per
share as its P&C underwriting combined ratio improved.
The result was fully 39.1 percent ahead of the analyst consensus
reported by Zacks Equity Research, and 12.2 percent ahead of the
corresponding period last year.
Cincinnati Financial shares shot up to as high as $81.58 at the
opening of trading...