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金融集團有限公司(CNO)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
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公佈了強勁的第一季度業績,新年化保費總額增長了8%。
該公司公佈的每股營業收益爲0.52美元,這要歸因於良好的保險產品利潤率和投資組合賬面收益率的擴大。
房地產另類投資因按市值計價的不利稅前影響受到了2430萬美元的挫折。
但是,總淨投資收入增長並報告了強勁的資本和流動性狀況,爲股東帶來了5700萬美元的回報。
攤薄後的股票賬面價值(不包括AOCI)上漲了10%,至34.97美元。
Business Progress:
業務進展:
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.
推出以生產、分銷和資本投資爲重點的擴展型增長記分卡。
消費者和工作場所的銷售額均大幅增長。
年金收取的保費增長了6%,經紀和諮詢客戶資產增長了32%。
已經出臺了一些舉措,以增加工作場所的銷售和客戶的獲取。
該公司重申了年度指引,預計其將受到多元化產品組合和另類投資業績改善的推動。
CNO的Medicare Advantage/Medicare補充劑板塊實現了強勁增長,並已努力有效管理分銷風險。
考慮到估值,該公司對收購持開放態度。
More details: CNO Financial Group Inc IR
更多詳情: CNO 金融集團公司 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.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。