Earnings Call Summary | CNO Financial Group Inc(CNO.US) Q1 2024 Earnings Conference
Earnings Call Summary | CNO Financial Group Inc(CNO.US) Q1 2024 Earnings Conference
The following is a summary of the CNO Financial Group, Inc. (CNO) Q1 2024 Earnings Call Transcript:
以下是CNO金融集团有限公司(CNO)2024年第一季度财报电话会议记录的摘要:
Financial Performance:
财务业绩:
CNO reported strong Q1 results with an increase in total new annualized premium by 8%.
The company posted operating earnings per share of $0.52, due to favorable insurance product margins and portfolio book yield expansion.
There was a setback of $24.3 million in unfavorable mark-to-market pre-tax impacts on alternative investments in real estate.
However, total net investment income rose and reported a strong capital and liquidity status, returning $57 million to shareholders.
The diluted share's book value, excluding AOCI, was up by 10% to $34.97.
CNO公布了强劲的第一季度业绩,新年化保费总额增长了8%。
该公司公布的每股营业收益为0.52美元,这要归因于良好的保险产品利润率和投资组合账面收益率的扩大。
房地产另类投资因按市值计价的不利税前影响受到了2430万美元的挫折。
但是,总净投资收入增长并报告了强劲的资本和流动性状况,为股东带来了5700万美元的回报。
摊薄后的股票账面价值(不包括AOCI)上涨了10%,至34.97美元。
Business Progress:
业务进展:
The launch of an expanded growth scorecard focused on production, distribution, and capital investments.
Significant sales growth among both consumers and worksite settings.
There was a growth in annuity collected premiums by 6% and a 32% increase in brokerage and advisory client assets.
Initiatives have been introduced to increase worksite sales and client acquisition.
The company reaffirmed annual guidance, expecting it to be driven by a diverse product portfolio and improved alternative investment performance.
CNO has seen strong growth in its Medicare Advantage/Medicare Supplement segment and has undertaken efforts to manage distribution risk effectively.
The company is open to acquisitions, given careful consideration of valuations.
推出以生产、分销和资本投资为重点的扩展型增长记分卡。
消费者和工作场所的销售额均大幅增长。
年金收取的保费增长了6%,经纪和咨询客户资产增长了32%。
已经出台了一些举措,以增加工作场所的销售和客户的获取。
该公司重申了年度指引,预计其将受到多元化产品组合和另类投资业绩改善的推动。
CNO的Medicare Advantage/Medicare补充剂板块实现了强劲增长,并已努力有效管理分销风险。
考虑到估值,该公司对收购持开放态度。
More details: CNO Financial Group Inc IR
更多详情: CNO 金融集团公司 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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译文内容由第三方软件翻译。