CNO Financial Group (CNO) Tops Q4 EPS by 2c, Revenues Beat

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Go back to CNO Financial Group (CNO) Tops Q4 EPS by 2c, Revenues Beat

CNO Financial Group Reports Fourth Quarter and Full Year 2020 Results

February 9, 2021 4:46 PM EST

CARMEL, Ind., Feb. 9, 2021 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced that for the quarter ending December 31, 2020, net income was $111.8 million, or $0.80 per diluted share compared to net income of $278.0 million, or $1.84 per diluted share in 4Q19 (including $193.7 million, or $1.28 per diluted share, related to a tax benefit from a tax planning strategy). Net operating income (1) in 4Q20 was $86.0 million, or $0.61 per diluted share, compared to $78.6 million, or $0.52 per diluted share, in 4Q19.

Net income for the year ended December 31, 2020, was $301.8 million, or $2.11 per diluted share, compared to $409.4 million, or... More