CARMEL, Ind. (AP) _ CNO Financial Group Inc. (CNO) on Tuesday reported fourth-quarter profit of $278 million.
On a per-share basis, the Carmel, Indiana-based company said it had net income of $1.84. Earnings, adjusted for investment gains and non-recurring gains, came to 47 cents per share.
The insurance holding company posted revenue of $1.07 billion in the period.
For the year, the company reported net income of $409.4 million, or $2.61 per share, swinging to a profit in the period. Revenue was reported as $4.02 billion.
CNO shares have climbed 4.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $18.94, a climb of 4.5% in the last 12 months.