Materiality pending
Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- CNO Financial Group reported Q1 2024 EPS of 52 cents, missing estimates by 18.8%. Revenues increased 14.9% to $1.2 billion, beating estimates by 23.6%. - Unfavorable mark-to-market impacts led to lower investment income. Annuity premiums and new life products increased. - CNO had $566.3 million in cash, $2.4 billion in equity, and reaffirmed 2024 EPS guidance. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
- CNO Financial Group reported Q1 2024 EPS of 52 cents, missing estimates by 18.8%. Revenues increased 14.9% to $1.2 billion, beating estimates by 23.6%.
- Unfavorable mark-to-market impacts led to lower investment income. Annuity premiums and new life products increased.
- CNO had $566.3 million in cash, $2.4 billion in equity, and reaffirmed 2024 EPS guidance.
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