CNO Financial Group (NYSE: CNO) reported third-quarter 2026 net income of $161.1 million, or $1.71 per diluted share, compared with $23.1 million, or $0.24 per diluted share, a year earlier.
Total revenue was $1.086 billion for the quarter ended September 30, 2026, compared with $1.189 billion in the prior-year quarter. The company raised its 2026 operating EPS guidance, with the midpoint 9% above its prior guidance.
- Basic earnings per share were $1.75, compared with $0.24 a year earlier.
- Net operating income, a non-GAAP measure, was $179.1 million, or $1.90 per diluted share.
- Significant items had a $44.9 million favorable impact on net income and net operating income.
- CNO repurchased $60.0 million of common stock during the quarter, including 1.1 million shares at an average cost of $54.52 per share.
- The company closed a reinsurance transaction on October 1 covering approximately $270 million of Colonial Penn in-force graded benefit life statutory reserves.
