CNO Financial (CNO) Q4 Earnings and Revenues Beat Estimates

Core Insights - CNO Financial reported quarterly earnings of $1.31 per share, exceeding the Zacks Consensus Estimate of $1.07 per share, and showing an increase from $1.18 per share a year ago, resulting in an earnings surprise of 22.43% [1] - The company generated revenues of $1.14 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 19.92%, although this represents a slight decrease from $1.17 billion in the same quarter last year [2] - CNO has outperformed the S&P 500, with shares increasing by approximately 7.7% since the beginning of the year compared to the S&P 500's gain of 3.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.80 on revenues of $943.95 million, while for the current fiscal year, the estimate is $3.79 on revenues of $3.88 billion [7] - The estimate revisions trend for CNO is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expectations of outperformance in the near future [6] Industry Context - The Insurance - Multi line industry, to which CNO belongs, is currently ranked in the bottom 44% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Hamilton Insurance, another company in the same industry, is expected to report a quarterly earnings decline of 33.9% year-over-year, with revenues projected to be $571.22 million, reflecting a 15.4% increase from the previous year [9][10]