CNO Financial posts transcript of Q2 2026 earnings call
CNO•Earnings and guidance
Operating EPS was $1.26, up 45%. Full-year operating EPS guidance was lifted to $4.60-$4.80, an 8% midpoint increase.
Capital return and book value
Capital return totaled $77 million, including $60 million of buybacks. Book value per diluted share excluding AOCI was $39.92, up 5%.
Reserve release and Bermuda capital plans
Medicare supplement margin benefited from a $4 million reserve release tied to favorable claims development; management did not expect a repeat.
Management also flagged potential second-half free cash flow support from moving Bermuda subsidiaries toward target capital levels, subject to regulatory approvals.
Q2 2026 earnings call participants and highlights
CNO Financial Group’s Q2 2026 earnings call drew CEO Gary Bhojwani, CFO Paul McDonough, CIO Eric Johnson, IR head Adam Auvil, and analysts from KBW, Jefferies, Dowling, and Raymond James.
