Horace Mann Q2 core earnings beats estimates
Overview
Horace Mann Q2 revenue rises 6% but missed analyst expectations, per LSEG data
Core EPS for Q2 beats consensus
Net income for Q2 rises
Outlook
Horace Mann raises full-year 2025 core EPS guidance to $4.15-$4.45
Result Drivers
CORE EARNINGS GROWTH - Record core earnings driven by improved profitability and reduced catastrophe costs, per CEO Marita Zuraitis
PROPERTY & CASUALTY - Segment's combined ratio improved by 15 points over prior year, contributing to earnings
BUSINESS DIVERSIFICATION - Diversified business model supported strong net income and core earnings growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $411.70 mln | $424.70 mln (2 Analysts) |
Q2 Core EPS | Beat | $1.06 | $0.6 (5 Analysts) |
Q2 Net Income |
| $29.40 mln |
|
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Horace Mann Educators Corp is $48.00, about 12.4% above its August 5 closing price of $42.06
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nBw6nQ3sZa
