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Conseco Reports Fourth Quarter and Year-End Results
Date:3/31/2008

$(71.5) $5.7 $(194.0) $68.0

Earnings (loss) per

common share:

Basic:

Weighted average

shares

outstanding 185,687,000 152,062,000 173,374,000 151,690,000

Net income

(loss) $(.38) $.04 $(1.12) $.45

Diluted:

Weighted average

shares

outstanding 185,687,000 152,062,000 173,374,000 152,509,000

Net income

(loss) $(.38) $.04 $(1.12) $.45

CONSECO, INC. AND SUBSIDIARIES

OPERATING RESULTS

Results by segment for the year ended were as follows ($ in millions):

Year Ended

December 31,

2007 2006

(Restated)

EBIT (2), excluding costs related to a

litigation settlement and loss related

to a coinsurance transaction:

Bankers Life $ 241.8 $ 265.3

Conseco Insurance Group 102.7 198.4

Colonial Penn 18.1 21.6

Other Business in Run-off (185.9) (34.5)

Corporate Operations, excluding corporate

interest expense (16.8) (18.2)

EBIT, excluding costs related to a litigation

settlement and a loss related to an annuity

coinsurance transaction 159.9 432.6

Costs related to a litigation settlement (64.4) (174.7)

Loss related to an annuity coinsurance

transaction
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SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

1. Conseco Files 10-K and Sets Earnings Release Date
2. Conseco Reports Preliminary Fourth Quarter and Year-End Results
3. Conseco Declines Partnerships Request for Board Seats; Review of Strategic Alternatives Underway
4. Conseco Files to Formally Extend Due Date for Annual Report on Form 10-K to March 17 and Reschedules Earnings Release and Investor Call
5. Hacker Joins Conseco as Senior Vice President and Treasurer
6. Tongson Joins Conseco as Senior Vice President, Corporate Actuarial
7. Conseco to Implement Systems and Operational Solution From Long Term Care Group
8. Conseco Reports Third Quarter Results
9. Conseco Sets Earnings Release Date
10. Conseco Completes Divestiture of Old Block of Fixed and Equity-Indexed Annuities
11. Barta joins Conseco as Senior Vice President, Financial Planning & Analysis; Barra named Senior Vice President, Internal Audit; Clarke to head Investor Relations
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