Earnings Preview: CNO Financial (CNO) Q2 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for CNO Financial, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - CNO Financial is expected to report quarterly earnings of $0.85 per share, reflecting a year-over-year decrease of 19.1% [3]. - Revenues are projected to be $965.2 million, down 9.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.04% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for CNO is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.77% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from consensus estimates, with predictive power being significant for positive readings only [9][10]. - CNO's current Zacks Rank is 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, CNO met the expected earnings of $0.79 per share, resulting in no surprise [13]. - Over the past four quarters, CNO has beaten consensus EPS estimates three times [14]. Conclusion - CNO does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].