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Horace Mann Q2 core EPS beats estimates, lifts outlook

Horace Mann Q2 core EPS beats estimates, lifts outlook


Overview

  • US multiline financial services firm's Q2 revenue rose 8% yr/yr

  • Core EPS for Q2 beat analyst expectations, rising 10% yr/yr

  • Company raised full-year 2026 core EPS guidance to $4.60-$4.90


Outlook

  • Company raises full-year 2026 core EPS guidance to $4.60-$4.90


Result Drivers

  • UNDERWRITING PERFORMANCE - Co said improved underlying underwriting in Property & Casualty segment contributed to results

  • LOWER CATASTROPHE LOSSES - Co attributed results in part to lower catastrophe losses

  • SALES MOMENTUM - Co cited continued sales momentum across its businesses as a driver of results


Company press release: ID:nBw1VjrGla


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Slight Miss*

$443.5 mln

$443.9 mln (1 Analyst)

Q2 Core EPS

Beat

$1.17

$0.82 (3 Analysts)

Q2 Net Income

$41.6 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the property & casualty insurance peer group is "buy"

  • Wall Street's median 12-month price target for Horace Mann Educators Corp is $51.00, about 1.9% below its August 4 closing price of $51.97

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago


Reuters Recommended Reads

  • Aug 4 - Assurant Q2 adjusted EPS beats estimates; outlook raised

  • Aug 4 - American Financial Group Q2 revenue beats, helped by premium growth

  • Aug 4 - Mercury General Q2 net income rises, combined ratio improves


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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