CNO: Q2 Earnings Snapshot

Associated Press Finance
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CARMEL, Ind. (AP) — CARMEL, Ind. (AP) — CNO Financial Group Inc. (CNO) on Monday reported second-quarter net income of $73.7 million.

The Carmel, Indiana-based company said it had profit of 64 cents per share. Earnings, adjusted for non-recurring gains, were 54 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The insurance holding company posted revenue of $1.02 billion in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $915.2 million.

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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

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