CNO Financial Group Inc reports results for the quarter ended in December - Earnings Summary

CNO Financial

07/02/2024 02:05

* CNO Financial Group Inc  CNO.N  reported quarterly
adjusted
earnings of $1.18​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of 56 cents.  The mean expectation of six analysts
for the quarter was for earnings of 85 cents per share. Wall
Street expected results to range from 80 cents to 92 cents per
share.
    * Revenue rose 20.2% to $1.17 billion from a year ago;
analysts
expected $934.05 million. 
    * CNO Financial Group Inc's reported EPS for the quarter was
32
cents​.
    * The company reported quarterly net income of $36.3
million.
    * CNO Financial Group Inc shares had fallen by 4.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the life & health
insurance peer group is also "hold"

Wall Street's median 12-month price target for CNO Financial
Group Inc is $28.00 
This summary was machine generated from LSEG data February 7 at
02:05 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.85           1.18           Beat
 Sep. 30 2023      0.73           0.88           Beat
 Jun. 30 2023      0.67           0.54           Missed
 Mar. 31 2023      0.61           0.51           Missed