CNO Financial lifts annual operating EPS outlook after rising 45% in Q2
CNO•Outlook
- CNO Financial raises 2026 operating EPS guidance by 8% at the midpoint
- Company cites strong fundamentals and profitability improvement as drivers for higher EPS outlook
Overview
- U.S. life and health insurer's Q2 operating EPS rose 45% in the quarter
- Company raised 2026 operating EPS guidance by 8% at midpoint
- Company repurchased $60 mln of common stock in Q2
Result Drivers
- Insurance sales growth - Co said total new annualized premiums rose 7%, marking 16 consecutive quarters of insurance sales growth
- Worksite and annuity records - Co achieved quarterly records in Worksite Division new annualized premiums, annuity collected premiums and client assets in brokerage and advisory
- Agent count growth - Consumer and Worksite delivered their 14th and 16th consecutive quarters of producing agent count growth, respectively
Key Details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
