CNO Financial (CNO) Q4 Earnings Beat on High Investment Income

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 ...