CNO Beats Q3 Earnings Estimates on Annuity Premiums, Ups '24 EPS View
CNO Financial Group(CNO) ZACKS·2024-11-08 03:01
Shares of CNO Financial Group, Inc. (CNO) gained 15.4% since it reported better-than-expected third-quarter 2024 results on Oct. 31. The quarterly results were driven by increased premiums in annuity, life and health products, as well as a notable rise in net investment income. A hiked operating earnings per share (EPS) guidance may also have intrigued investors. However, the upside was partly offset by an elevated benefits and expense level. CNO reported third-quarter adjusted EPS of $1.11, which outpaced ...