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CNO: 3Q Earnings Snapshot

·1 min read

CARMEL, Ind. (AP) _ CNO Financial Group Inc. (CNO) on Monday reported third-quarter net income of $129.2 million.

On a per-share basis, the Carmel, Indiana-based company said it had net income of 91 cents. Earnings, adjusted for non-recurring gains, came to 79 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The insurance holding company posted revenue of $1.01 billion in the period.

CNO shares have risen slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.19, a rise of 16% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNO at https://www.zacks.com/ap/CNO