earnings
confidence high
sentiment positive
materiality 0.75
CNO Financial Q3 operating EPS $1.29, up 16%; sales up 26%; boosts ROE target
CNO Financial Group, Inc.
2025-Q3 EPS reported
$1.36
revenue$3,344,300,000
- Net operating income $127.2M ($1.29/sh) vs $119.2M ($1.11) in 3Q24, up 7% and 16%.
- Total new annualized premiums up 26% YoY; Life NAP +32%, Health NAP +20%.
- Increasing run-rate operating ROE target by 50 bps, cumulative 200 bps improvement through 2027.
- Exiting Worksite fee services business; expects to reduce fee revenue ~$30M and increase pre-tax income ~$20M.
- Second Bermuda reinsurance transaction cedes $1.8B supplemental health reserves; 50% of new business ceded.