CARMEL, Ind., Nov. 14, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on the company's common shares. This marks the 50th consecutive quarterly dividend paid by the company. The dividend will be payable December 24, 2024, to shareholders of record at the close of business on December 10, 2024.About CNO Financial GroupCNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income Ameri ...

INDIANAPOLIS, Nov. 9, 2024 /PRNewswire/ -- More than 16,000 participants took on downtown Indianapolis this morning in the 17th annual CNO Financial Indianapolis Monumental Marathon, Half Marathon and 5K. The monumental day showcased a multitude of records, including three course records and an overall event record as the largest marathon ever.The Women's Champion in the CNO Financial Indianapolis Monumental Marathon shattered the former course record by nearly four minutes. Lindsey Bradley pulled away to w ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 001-31792 CNO Financial Group, Inc. Delaware 75-3108137 State of Incorporation IRS Employer Identification No. | --- ...

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 ...

Financial Data and Key Metrics Changes - Operating earnings per diluted share were $1.11, up 26% from the previous year, and $0.94, up 27% excluding significant items [6] - Book value per diluted share excluding AOCI was $35.84, up 6% [9] - The expense ratio was 18.8% for the quarter and 19.2% on a trailing 12-month basis [27] - Operating return on equity was 11.7% as reported and 10.5% excluding significant items [28] Business Line Data and Key Metrics Changes - Total new annualized premium (NAP) was up 1% across the enterprise, with a 7% increase excluding direct-to-consumer [7] - Consumer Division's NAP from field sales was up 9%, and Health NAP was up 11% [12] - Long-Term Care NAP was up 31%, marking the fifth consecutive quarter of double-digit growth [15] - Annuity collected premiums were up 25%, with account values up 6% [18] - Worksite Division's NAP was up 4%, representing the 10th consecutive quarter of growth [21] Market Data and Key Metrics Changes - Client assets in brokerage and advisory were up 35% to a record $3.9 billion [19] - The market value of invested assets grew 21% in the quarter [38] - Approximately 97% of the fixed maturity portfolio was investment-grade rated [39] Company Strategy and Development Direction - The company aims to optimize the balance between production, profitability, and capital management [9] - Focus on expanding the Medicare portfolio and enhancing distribution capabilities [13][14] - Continued emphasis on improving return on equity through various operational efficiencies [30][79] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's performance and the favorable economic environment for middle-income consumers [45][70] - The company anticipates strong sales growth translating into earnings growth, establishing a solid foundation for future results [45] - Management remains bullish on market opportunities driven by demographic trends and the lack of public solutions for retirement income [70] Other Important Information - The company returned $107 million to shareholders during the quarter [9] - The new money rate exceeded 6% for the seventh consecutive quarter [8] - The company raised and narrowed guidance for operating earnings per share to between $3.50 and $3.60 for the full year [42] Q&A Session Summary Question: Can you talk about the long-term care announcement regarding the reinsurance arrangement? - Management expressed a strong belief in the long-term care business and the decision to retain 100% of new business is a reflection of confidence in its performance [48][49] Question: How will the organizational changes impact the direct expense ratio? - Management indicated that the recent actions taken will improve run rate expenses and contribute to return on equity improvements [52] Question: What is the outlook for free cash flow sustainability? - Management emphasized that the business generates healthy levels of free cash flow, although future capital investments may affect this [56] Question: How sensitive is the company to short-term rate changes? - Management noted that floating rate assets are largely matched against floating rate liabilities, minimizing the impact of short-term rate changes [60] Question: What is the company's strategy for cutting fixed expenses? - Management highlighted a continuous focus on efficiency to free up resources for business growth [63] Question: What are the market opportunities for sales in the near term? - Management remains bullish on market opportunities driven by demographic trends and the lack of public solutions for retirement income [70]

| --- | --- | |---------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | Third Quarter 2024 Financial and operating results for the period ended September 30, 2024 | | | | | | October 31, 2024 | | | Unless otherwise specified, comparisons in this presentation are between 3Q23 and 3Q24. | | 1 IMPORTANT LEGAL INFORMATION 2 Forward-Looking Statements Certain statements made in this presentation should be considered forward-looki ...

For the quarter ended September 2024, CNO Financial (CNO) reported revenue of $1.13 billion, up 19.1% over the same period last year. EPS came in at $1.11, compared to $0.88 in the year-ago quarter.The reported revenue represents a surprise of +21.69% over the Zacks Consensus Estimate of $927.27 million. With the consensus EPS estimate being $0.84, the EPS surprise was +32.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

CNO Financial (CNO) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 32.14%. A quarter ago, it was expected that this insurance holding company would post earnings of $0.72 per share when it actually produced earnings of $1.05, delivering a surprise of 45.83%.Over the last four quarter ...

Quarterly Financial Supplement - 3Q2024 October 31, 2024 Page 1 | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------|-------| | Table of Contents | Page | | Consolidated balance sheet | 3 | | Consolidated statement of operations | 4 | | Financial summary | 5 | | Insurance operations | 6 | | Margin from insurance products | 7-9 | | Collected premiums and insurance policy income | 10 | | Health and life new annualized prem ...