Cno Financial Intrinsic Value Calculator – CNO FINANCIAL Reports Q4 2022 Earnings Results on February 7, 2023
March 28, 2023
Earnings Overview
CNO ($NYSE:CNO): Total revenue of USD 43.4 million was reported, representing a decrease of 62.5% compared to the same quarter the year prior. Net income decreased by 9.4%, amounting to USD 973.6 million.
Transcripts Simplified
CNO FINANCIAL made key investments in 2022 to enhance their Medicare product offerings and capabilities. Sales performance during the fourth quarter was strong across their Consumer Division, Life and Health, Direct-to-Consumer Life, and Supplemental Health segments. They also launched Optavise, a unified worksite brand that was well received by the market. CNO FINANCIAL returned $245 million to shareholders in the year and increased book value per diluted share by 11%.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cno Financial. More…
| Total Revenues | Net Income | Net Margin |
| 3.58k | 396.8 | 11.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cno Financial. More…
| Operations | Investing | Financing |
| 495.4 | -1.78k | 1.2k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cno Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 33.34k | 31.94k | 12.25 |
Key Ratios Snapshot
Some of the financial key ratios for Cno Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.8% | – | 18.3% |
| FCF Margin | ROE | ROA |
| 13.9% | 30.3% | 1.2% |
Market Price
On Tuesday, CNO FINANCIAL reported their fourth quarter earnings results for 2022. The stock opened at $24.9 and closed at $25.4, up 0.8% from the prior closing price of 25.2. This was a positive result for the company, as their stock rose above the opening price and outperformed the market. They offer life and health insurance, annuities, and retirement products to individuals and families around the world. CNO FINANCIAL is committed to providing quality products and services at competitive prices. Their commitment to customer service excellence has earned them an excellent reputation in the industry.
The company reported Q4 2022 earnings with continued growth in both sales and profits. This indicates that the company is continuing to invest in new products and services to further increase their customer base and profitability. Overall, the Q4 2022 earnings results from CNO FINANCIAL were impressive and demonstrate their success in maintaining a strong presence in the insurance industry. Investors will be closely monitoring their performance over the next quarter to see if they can continue their positive momentum. Live Quote…
Analysis – Cno Financial Intrinsic Value Calculator
At GoodWhale, we have performed a thorough analysis of CNO FINANCIAL‘s fundamentals. Our proprietary Valuation Line indicated that the fair value of CNO FINANCIAL shares is approximately $23.1. Currently, CNO FINANCIAL stock is trading at a price of $25.4, which indicates a fair price overvaluation of 9.9%. More…
Peers
Its competitors are National Western Life Group Inc, Wustenrot & Wurttembergische AG, and iA Financial Corp Inc.
– National Western Life Group Inc ($NASDAQ:NWLI)
National Western Life Group Inc is a holding company that operates through its subsidiaries engaged in the life insurance business. Its products include whole life, term life, universal life, and annuities. The company was founded in 1906 and is headquartered in Austin, Texas.
– Wustenrot & Wurttembergische AG ($LTS:0GJN)
Wustenrot & Wurttembergische AG is a German mutual insurance company headquartered in Stuttgart. As of 2022, it had a market capitalization of €1.44 billion and a return on equity of 14.21%. The company provides a range of insurance products, including life, health, property and casualty, and pension products, as well as banking and investment products.
– iA Financial Corp Inc ($TSX:IAG)
AmeriA Financial Corp Inc has a market cap of 7.68B as of 2022. The company has a Return on Equity of 9.41%. AmeriA Financial Corp Inc is a provider of insurance and financial services. The company offers a range of products and services, including life insurance, annuities, and investments.
Summary
CNO Financial reported disappointing fourth quarter results ending December 31, 2022. Total revenue fell 62.5% year over year to USD 43.4 million, while net income decreased by 9.4% to USD 973.6 million. This sharp decrease in revenue and net income reflects a challenging economic environment due to the pandemic.
Investors should consider the potential for long-term earnings growth, as well as the current financial health of CNO Financial, before investing. It is also important to monitor future news releases from the company for any further updates related to its earnings and outlook.
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