secwatch.observer — SEC 8-K summary
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Issuer:     CNO Financial Group, Inc. (CNO)
CIK:        0001224608
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001224608-22-000016
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNO Q1 net income $112.3M ($0.93/sh); operating EPS $0.42; annuity premiums up 13%
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- Net income $112.3M ($0.93 diluted EPS) vs $147.4M ($1.08) in 1Q21; net operating income $51.1M ($0.42) vs $75.2M ($0.55).
- Annuity collected premiums rose 13% to $368.6M; total NAP up 2% to $90.6M; direct-to-consumer life NAP up 16%.
- Returned $116.1M to shareholders ($100M share repurchases, $16.1M dividends); share count reduced 11% YoY.
- Book value per diluted share ex AOCI $27.70 (+12% YoY); operating ROE ex AOCI 11.2%.
- Earnings pressured by market volatility, $15M decline in variable investment income, and normalization of COVID claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224608/000122460822000016/0001224608-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224608/000122460822000016/cno-20220502.htm
  HTML page:      https://secwatch.observer/filing/0001224608-22-000016

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