Earnings ·
CNO posts $1.71 EPS for Q3, raises full-year operating guidance
CNOCNO Financial Group, Inc.
CNO Financial Group reported third-quarter net income of $161 million, or $1.71 per diluted share, driven by a 47% increase in operating earnings per share to $1.90. The company raised its full-year 2026 operating EPS guidance with the midpoint up 9% from prior estimates. Results included a $44.9 million net favorable impact from its comprehensive annual actuarial review and strong sales momentum, marking the 17th consecutive quarter of new annualized premium growth. CNO also completed a third reinsurance transaction reinsuring approximately $270 million of statutory reserves with its Bermuda affiliate.