CNO Financial Stays ‘Neutral’
By:
DailyMarkets.com
Posted on December 15, 2011 at 11:25 AM EST
We have reiterated our Neutral recommendation on CNO Financial Group Inc. (NYSE:CNO) based on the lack of significant earnings growth momentum. CNO Financial reported its third-quarter 2011 operating earnings of 17 cents per share, at par with the Zacks Consensus Estimate but beating the year-ago earnings by a penny. The company’s strategies of cost reduction [...]
We have reiterated our Neutral recommendation on CNO Financial Group Inc. (NYSE:CNO) based on the lack of significant earnings growth momentum.
CNO Financial reported its third-quarter 2011 operating earnings of 17 cents per share, at par with the Zacks Consensus Estimate but beating the year-ago earnings by a penny.
The company’s strategies of cost reduction and divestiture of non-core business units to focus on the core business have translated into consistent profitability and capital growth, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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