Horace Mann Educators (HMN) Tops Q2 EPS by 28c

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Go back to Horace Mann Educators (HMN) Tops Q2 EPS by 28c

Horace Mann Reports Second-Quarter 2020 Net Income of $0.73 Per Share and Core Earnings* of $0.67 Per Share

August 6, 2020 4:15 PM EDT

Net income below year-ago level as prior year revenue and net income included $107 million in after-tax realized gains on assets transferred as consideration in annuity reinsurance transaction Core earnings well ahead of last year with contributions from all business segments Property & Casualty reported combined ratio of 95% as temporary reduction in auto loss frequency offset 22 points from catastrophe losses Supplemental segment margins remain strong Financial position remains strong with book value ahead of year-end 2019 level Raises full-year 2020 core... More