Horace Mann Educators Corp reports results for the quarter ended in June - Earnings Summary

Horace Mann Educators

08/08/2024 06:34

* Horace Mann Educators Corp  HMN.N  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 3 cents.  The mean expectation of five analysts
for the quarter was for earnings of 19 cents per share. Wall
Street expected results to range from 18 cents to 20 cents per
share.
    * Revenue rose 6.9% to $388.10 million from a year ago;
analysts
expected $394.27 million. 
    * Horace Mann Educators Corp's reported EPS for the quarter
was 9
cents​.
    * The company reported quarterly net income of $3.8 million.
    * Horace Mann Educators Corp shares had risen by 3.9% this
quarter and gained 3.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 61.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for Horace Mann
Educators Corp is $40.00 
This summary was machine generated from LSEG data August 8 at
05:34 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.19           0.20           Beat
 Mar. 31 2024      0.78           0.60           Missed
 Dec. 31 2023      0.66           0.84           Beat
 Sep. 30 2023      0.43           0.44           Beat