CNO Financial reports Q1 adjusted EPS 51c, consensus 63c

"Strengthening insurance margins, solid customer persistency and significant growth in fee income substantiate the fundamental health of CNO‘s operating businesses," said Gary Bhojwani, CEO. "We posted record direct-to-consumer Life sales, record Medicare growth and continued sales momentum across nearly all insurance product categories. Successful agent recruiting generated producing agent count growth for both our Consumer and Worksite Divisions, evidencing a critical inflection point since the pandemic. Our capital and liquidity positions are above target levels. Our cash flow remains robust. We continue to be confident in our operating plan and reiterate our full-year operating guidance."