NYSE$CNO
CNO Financial Group Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
CNO Financial Group reported excellent earnings and operating performance, driven by sales momentum, a growing agent force, and strong underwriting margins and net investment income.
CNO Financial Group reported a significant increase in net income and operating earnings per share for Q2 2024, driven by sales growth and strong underwriting performance. The company also increased book value per share and returned capital to shareholders, leading to raised full-year guidance on earnings and cash flow.
- Net income increased by 66% compared to Q2 2023.
- Operating earnings per share increased by 94% compared to Q2 2023.
- Total new annualized premiums were up 4%.
- The company returned $77.2 million to shareholders.
Headline financials
Revenue & EPS history
CNO Financial Group · Revenue · Quarterly
$1.07B
Forward guidance
CNO Financial Group raised its full-year guidance on earnings and cash flow, reflecting consistent sales momentum and favorable macro trends. The company believes it is well-positioned to deliver sustainable profitable growth and long-term shareholder value.
Tailwinds
- Consistent sales momentum
- Favorable macro trends
- Strong capital position
- Increased book value per share
- Effective capital return to shareholders
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.3%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+10.1%
Q2 2024
Best reaction
-11.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.5% | +2.8% | +3.4% | |
| Q4 2025 | +5.5% | +1.8% | -1.8% | |
| Q3 2025 | +4.3% | +4.2% | +1.8% | |
| Q2 2025 | -1.2% | +1.6% | +3.1% | |
| Q1 2025 | -4.8% | -4.3% | -4.6% | |
| Q4 2024 | +2.6% | +1.4% | -1.0% | |
| Q3 2024 | +2.5% | +2.2% | +13.8% | |
| Q2 2024 | +10.1% | +4.1% | +10.3% | |
| Q1 2024 | -0.3% | +2.7% | +4.6% | |
| Q4 2023 | +3.4% | +2.5% | +0.5% | |
| Q3 2023 | +0.4% | -0.2% | +8.4% | |
| Q2 2023 | -4.7% | -3.1% | -8.7% | |
| Q1 2023 | +1.0% | -4.8% | -3.3% | |
| Q4 2022 | +1.6% | +2.5% | -6.4% | |
| Q3 2022 | +0.3% | -1.2% | +6.6% | |
| Q2 2022 | -3.7% | -2.4% | -1.8% | |
| Q1 2022 | -11.1% | -11.8% | -14.8% | |
| Q4 2021 | +0.3% | +0.6% | -8.7% | |
| Q3 2021 | -6.0% | -5.0% | -11.1% | |
| Q2 2021 | +0.6% | -1.0% | +8.7% | |
| Q1 2021 | +1.4% | +1.1% | +3.2% | |
| Q4 2020 | -2.0% | -2.2% | +11.1% | |
| Q3 2020 | +9.2% | +6.0% | +23.5% | |
| Q2 2020 | +5.4% | +6.0% | +9.7% | |
| Q1 2020 | -6.8% | +3.1% | +15.5% | |
| Q4 2019 | +4.7% | +5.7% | -39.2% | |
| Q3 2019 | +4.5% | +7.7% | +8.1% | |
| Q2 2019 | +2.4% | -4.3% | -11.8% | |
| Q1 2019 | -1.3% | +1.2% | -2.2% | |
| Q4 2018 | -5.8% | -4.5% | -8.7% | |
| Q3 2018 | -0.5% | -0.3% | -2.6% | |
| Q2 2018 | +9.4% | +8.8% | +6.2% | |
| Q1 2018 | -6.6% | -4.8% | -8.8% | |
| Q4 2017 | +2.0% | +1.4% | -1.5% | |
| Q3 2017 | -0.9% | -2.0% | -2.4% | |
| Q2 2017 | +2.4% | +2.7% | +0.7% | |
| Q1 2017 | +0.5% | +0.5% | -3.3% | |
| Q4 2016 | +4.0% | +7.0% | +5.8% | |
| Q3 2016 | +7.6% | +4.7% | +20.0% | |
| Q2 2016 | -4.4% | -5.4% | -12.2% | |
| Q1 2016 | -5.6% | — | — | |
| Q4 2015 | -2.1% | — | — | |
| Q3 2015 | +2.8% | — | — | |
| Q2 2015 | -5.6% | — | — | |
| Q1 2015 | -5.2% | — | — | |
| Q4 2014 | -1.0% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | -2.6% | — | — | |
| Q1 2014 | -1.7% | — | — | |
| Q4 2013 | +4.8% | — | — | |
| Q3 2013 | +4.9% | — | — | |
| Q2 2013 | +1.3% | — | — | |
| Q1 2013 | +1.0% | — | — | |
| Q4 2012 | +8.2% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +3.1% | — | — | |
| Q1 2012 | -1.5% | — | — | |
| Q4 2011 | -2.3% | — | — | |
| Q3 2011 | -8.8% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q1 2010 | -0.3% | — | — | |
| Q1 2011 | +2.8% | — | — | |
| Q4 2008 | +2.0% | — | — | |
| Q3 2010 | -3.1% | — | — | |
| Q3 2009 | -3.1% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q2 2009 | -1.1% | — | — |
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