CARMEL, Ind. (AP) _ CNO Financial Group Inc. (CNO) on Tuesday reported third-quarter net income of $42 million, after reporting a loss in the same period a year earlier.
The Carmel, Indiana-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring costs, came to 45 cents per share.
The insurance holding company posted revenue of $944 million in the period.
CNO shares have risen almost 10% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.33, a fall of 13% in the last 12 months.