CNO Financial (CNO) Q1 Earnings Miss on Higher Expenses
CNOCNO Financial Group(CNO) Zacks Investment Research·2024-05-01 01:35

CNO Financial Group, Inc. (CNO) reported first-quarter 2024 adjusted earnings per share (EPS) of 52 cents, which missed the Zacks Consensus Estimate by 18.8%. However, the bottom line rose 2% year over year. Total revenues increased 14.9% year over year to $1.2 billion in the first quarter. The top line beat the consensus mark by 23.6%. The weaker-than-expected first-quarter earnings results were impacted by rising benefits and expenses and lower fee revenue and other income. However, the negatives were par ...