NYSE$CNO
CNO Financial Group Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
CNO Financial Group reported strong fourth quarter earnings, sustained full-year sales momentum and agent force growth.
CNO Financial Group reported a net income of $36.3 million for Q4 2023, with net operating income reaching $133.9 million. The company saw growth in sales momentum and agent counts, driven by its diverse distribution channels. CNO's capital position remained strong, supported by a new Bermuda reinsurance structure, and the company returned over $230 million to shareholders during the year.
- Net income for 4Q23 was $36.3 million, or $0.32 per diluted share.
- Net operating income for 4Q23 was $133.9 million, or $1.18 per diluted share.
- Total Health insurance NAP up 5%; total Life insurance NAP up 8%.
- Returned $96.7 million to shareholders.
Headline financials
Revenue & EPS history
CNO Financial Group · Revenue · Quarterly
$1.17B
Forward guidance
CNO enters 2024 with considerable sales momentum and a growing agent force amid favorable macro trends. The company continues to prioritize strong capital management and profitable growth, which are the cornerstone of its commitment to deliver enduring value to its customers, associates, agents and 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 Q4 2023
+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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