Recap: Horace Mann Educators Q3 Earnings

Shares of Horace Mann Educators HMN moved higher by 2.4% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 28.12% over the past year to $0.82, which beat the estimate of $0.70.

Revenue of $337,100,000 rose by 0.81% year over year, which beat the estimate of $334,800,000.

Outlook

Horace Mann Raises FY20 Core EPS Guidance From $2.80-$3 To $2.95-$3.15 vs $2.99 Estimate

Price Action

Company's 52-week high was at $46.23

52-week low: $30.48

Price action over last quarter: down 14.23%

Company Description

Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are 403(b) tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The company uses several former teachers in its salesforce.