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 ...

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 ...

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 ...

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 ...

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 ...

Investors might want to bet on CNO Financial (CNO) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a chang ...

CNO Financial Group, Inc. (NYSE:CNO) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants Adam Auvil - Investor Relations Gary Bhojwani - Chief Executive Officer Paul McDonough - Chief Financial Officer Eric Johnson - President and Chief Investment Officer Karen DeToro - Chief Actuary Conference Call Participants Brian Kruger - Stifel Scott Heleniak - RBC John Barnidge - Piper Sandler Suneet Kamath - Jefferies Operator Hello, welcome to today's CNO Financial Group Third Quarter ...

In addition to the inherent difficulty of predicting litigation outcomes, particularly those that will be decided by a jury, some matters purport to seek substantial or an unspecified amount of damages for unsubstantiated conduct spanning several years based on complex legal theories and damages models. The alleged damages typically are indeterminate or not factually supported in the complaint, and, in any event, the Company's experience indicates that monetary demands for damages often bear little relation ...

NII allocated to products benefiting from multiple quarters of +6% NMRs and growing asset base 3Q23 $40 million of share repurchases Operating ROE1 , as adjusted, of 8.5% 8 $44.5 $46.5 $47.6 $47.2 Med supp – runoff of legacy block LTC – favorable claims experience in 3Q 2023 Rising earnings power with stable credit trend Capital and liquidity remain above target levels (dollars in millions) Target leverage of 25 - 28% Debt covenant ceiling of 35% 2021 | --- | --- | |----------------------------------------- ...

Derivative Counterparty Risk REINSURANCE Table of Contents CNO FINANCIAL GROUP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements (unaudited) ___________________ | --- | --- | --- | |--------------------------------------------------------------|----------------------------|------------------| | | Six months June \n2023 | ended 30, \n2022 | | U.S. statutory corporate rate | 21.0 % | 21.0 % | | Non-taxable income and nondeductible benefits, net | (.5) | (.4) | | State taxes | 2.8 | 2.2 | | Eff ...