CNO Earnings Prediction
The chart below shows how CNO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CNO sees a -3.79% change in stock price 10 days leading up to the earnings, and a +2.23% change 10 days following the report. On the earnings day itself, the stock moves by +0.09%. This data can give you a slight idea of what to expect for the next quarter's release.
CNO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.12B
-4.94%
-1.69%
Gross Margin
--
--
--
Operating Margin
23.87%
106.85%
258.95%
Net Margin
14.79%
381.76%
1725.93%
EPS
1.58
393.75%
1655.56%
No Data Available
CNO Earnings Analysis
CNO Financial Group Inc Corporation (CNO.N) Earnings Conference Call
Positive
Annualized Premium Growth: Total new annualized premium increased by 7% across the enterprise for the full year 2024, demonstrating strong sales momentum.
Operating Earnings Increase: Operating earnings per diluted share rose to $3.97, marking a 28% increase year-over-year, with a 40% increase when excluding significant items.
Shareholder Capital Return Increase: Capital returned to shareholders reached $349 million, a 50% increase over 2023, reflecting strong financial health and commitment to shareholder value.
Book Value Growth: Book value per diluted share, excluding AOCI, increased by 10% to $37.19, indicating solid growth in the company's equity position.
Record Insurance Sales Growth: The Worksite Division achieved record full year insurance sales growth of 16%, with fourth quarter sales up 23%, showcasing robust demand for insurance products.
Negative
Marketing Strategy Challenges: Life production was down for the year, driven by direct-to-consumer television advertising, indicating challenges in the marketing strategy.
Expense Ratio Pressure: The expense ratio was pushed to the high end of the guided range due to an increase in incentive compensation accrual, reflecting pressure on cost management.
Fee Income Outlook: Despite a strong overall performance, the company expects a modest decrease in fee income due to a sales mix shift to smaller Medicare Advantage providers, impacting revenue.
Earnings Pressure Forecast: The projected operating earnings per share for 2025 is expected to be between $3.70 and $3.90, which is lower than the current operating earnings per diluted share of $3.97, indicating potential earnings pressure ahead.
Technology Modernization Costs: The technology modernization initiative is expected to cost approximately $170 million over three years, including $60 million in 2025, which will put pressure on the expense ratio and overall profitability in the near term.
CNO FAQs
How does CNO typically perform around its earnings report dates?
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CNO Earning Call Sentiment
CNO Financial Group, Inc. (NYSE:CNO) Q4 2024 Earnings Call Transcript
CNO.N
3.25%Positive
The earnings call highlights strong financial performance with a 28% increase in earnings per share, a 50% rise in shareholder returns, and a 7% increase in new annualized premiums. Positive guidance for 2024, improved ROE, and strategic geographic expansion further enhance sentiment. The Q&A section reveals confidence in cash flow and growth, despite some non-specific responses. Given the company's market cap of approximately $2.98 billion, these factors suggest a strong positive stock price reaction over the next two weeks, likely exceeding 8%.
