CNO Financial lifts annual operating EPS outlook after rising 45% in Q2

CNO Financial

30/07/2026 21:25

Overview
U.S. life and health insurer's Q2 operating EPS rose 45% in the quarter
Company raised 2026 operating EPS guidance by 8% at midpoint
Company repurchased $60 mln of common stock in Q2

Outlook
CNO Financial raises 2026 operating EPS guidance by 8% at the midpoint
Company cites strong fundamentals and profitability improvement as drivers for higher EPS outlook

Result Drivers
INSURANCE SALES GROWTH - Co said total new annualized premiums rose 7%, marking 16 consecutive quarters of insurance sales growth
WORKSITE AND ANNUITY RECORDS - Co achieved quarterly records in Worksite Division new annualized premiums, annuity collected premiums and client assets in brokerage and advisory
AGENT COUNT GROWTH - Consumer and Worksite delivered their 14th and 16th consecutive quarters of producing agent count growth, respectively

Company press release: ID:nPn8vlmK5a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$1.33
 
Q2 Net Income
 
$126 mln
 
Q2 ROE
 
10.90%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the life & health insurance peer group is "buy."
Wall Street's median 12-month price target for CNO Financial Group Inc is $53.00, about 0.1% above its July 29 closing price of $52.95
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
July 30 - Lincoln National Q2 adjusted EPS beats estimates on higher life insurance income
July 27 - Principal Financial profit rises on higher premiums, strength in retirement business
July 30 - Hippo Holdings Q2 adjusted EPS beats on premium growth; raises 2026 outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)