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

Horace Mann Educators

03/11/2023 07:44

* Horace Mann Educators Corp  HMN.N  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 57 cents.  The mean expectation of
five analysts for the quarter was for earnings of 43 cents per
share. Wall Street expected results to range from 29 cents to 53
cents per share.
    * Revenue rose 10.4% to $378.70 million from a year ago;
analysts
expected $384.40 million. 
    * Horace Mann Educators Corp's reported EPS for the quarter
was 28
cents​.
    * The company reported quarterly net income of $11.7
million.
    * Horace Mann Educators Corp shares had risen by 8.8% this
quarter and lost 14.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "hold"

Wall Street's median 12-month price target for Horace Mann
Educators Corp is $31.00 
This summary was machine generated from LSEG data November 3 at
07:44 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.43           0.44           Beat
 Jun. 30 2023      0.02           0.03           Beat
 Mar. 31 2023      0.21           0.23           Beat
 Dec. 31 2022      -0.10          -0.11          Missed