CNO Financial Group(CNO)

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Best Income Stocks to Buy for February 9th
Zacks Investment Research· 2024-02-09 11:16
Here are three stocks with buy rank and strong income characteristics for investors to consider today, February 9:First United Corporation (FUNC) : This bank holding company for First United Bank & Trust has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.6%, compared with the industry average of 3%.M.D.C. Holdings, Inc. (MDC) : This company that engages in the homebuilding and financial service busine ...
Best Value Stocks to Buy for February 9th
Zacks Investment Research· 2024-02-09 10:56
Here are three stocks with buy rank and strong value characteristics for investors to consider today, February 9:CNO Financial Group, Inc. (CNO) : This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.CNO Financial Group has a price-to-earnings ratio (P/E) of 9.03 compared with 21.15 for the S&P. The company possesses a Value Score of A.First United Corporation(FUNC) : This bank holding company for F ...
CNO Financial Group(CNO) - 2023 Q4 - Earnings Call Transcript
2024-02-07 19:56
CNO Financial Group, Inc. (NYSE:CNO) Q4 2023 Results Conference Call February 7, 2024 12:00 PM ET Company Participants Adam Auvil - Investor Relations Gary Bhojwani - Chief Executive Officer Paul McDonough - Chief Financial Officer Eric Johnson - President and Chief Investment Officer Conference Call Participants Brian Kruger - Stifel Suneet Kamath - Jefferies John Barnidge - Piper Sandler Wilma Burdis - Raymond James Operator Hello, and welcome to today's CNO Financial Group Fourth Quarter 2023 Earnings Co ...
CNO Financial (CNO) Q4 Earnings Beat on High Investment Income
Zacks Investment Research· 2024-02-07 15:47
CNO Financial Group, Inc. (CNO) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.18, which beat the Zacks Consensus Estimate by 38.8%. Also, the bottom line jumped 66% year over year.Total revenues increased 20.2% year over year to $1.2 billion in the fourth quarter. The top line beat the consensus mark by 25.3%.The strong fourth-quarter results were supported by increased investment income, premiums and general account assets. The upside was partially offset by higher benefits and expen ...
Compared to Estimates, CNO (CNO) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-07 02:30
For the quarter ended December 2023, CNO Financial (CNO) reported revenue of $1.17 billion, up 20.2% over the same period last year. EPS came in at $1.18, compared to $0.56 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $934.05 million, representing a surprise of +25.31%. The company delivered an EPS surprise of +38.82%, with the consensus EPS estimate being $0.85.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
CNO Financial (CNO) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-07 00:20
CNO Financial (CNO) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.82%. A quarter ago, it was expected that this insurance holding company would post earnings of $0.74 per share when it actually produced earnings of $0.88, delivering a surprise of 18.92%.Over the last four quarter ...
Are Investors Undervaluing CNO Financial Group (CNO) Right Now?
Zacks Investment Research· 2024-02-02 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-an ...
Can Higher Policy Income Aid CNO Financial's (CNO) Q4 Earnings?
Zacks Investment Research· 2024-02-01 18:46
CNO Financial Group, Inc. (CNO) is scheduled to release fourth-quarter 2023 results on Feb 6, 2024, after the closing bell.Q4 EstimatesThe Zacks Consensus Estimate for CNO Financial’s fourth-quarter earnings per share is pegged at 85 cents, which indicates a 51.8% surge from the prior-year quarter’s reported figure.The consensus mark for revenues is $934 million, suggesting a 4.1% fall from the year-ago quarter’s reported number.Earnings Surprise HistoryCNO Financial’s bottom line beat estimates in one of t ...
CNO Financial (CNO) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-30 16:06
Wall Street expects a year-over-year increase in earnings on lower revenues when CNO Financial (CNO) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 6 ...
Why You Should Add CNO Financial (CNO) to Your Portfolio Now
Zacks Investment Research· 2024-01-22 18:30
CNO Financial Group, Inc. (CNO) is poised for continued momentum, driven by the upward trajectory of new annualized premiums for health and life products, coupled with a steady increase in net investment income. Improvements in Life margin and Long-term care margin are additional factors expected to bolster the company's overall results.CNO Financial — with a market cap of $3.1 billion — is a top-tier holding company for a group of insurance companies operating in the United States. It administers supplemen ...