Alert: New Earnings Report (10/31/24)-CNO Financial Group Inc (NYSE: CNO).

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CNO Financial Group Inc (NYSE: CNO) has reported E.P.S. of $0.09 for its third fiscal quarter (ending September 30) versus $1.48 for the same period a year ago — a decline of -94%. For the latest four quarters through September 30, E.P.S. were $2.55 versus $2.44 for the same period a year ago — an increase of 5%.

Recent Price Action

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CNO Financial Group Inc (NYSE: CNO) stock closed at $34.40 on 10/31/24 after a modest decline of -1.9%. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CNO is expected to continue to be a Value Builder.

CNO Financial Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CNO Financial Group has a neutral Appreciation Score of 54 but a very high Power Rating of 88, with the Positive Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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