Horace Mann Educators (HMN) Tops Q3 EPS by 12c

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Horace Mann reports third-quarter 2021 net income of $0.39 per share and core earnings* of $0.50 per share

November 3, 2021 4:15 PM EDT

Net income and core earnings per share below prior year as strong business performance offset by catastrophe losses and auto loss costs approaching pre-pandemic levels plus inclusion of Camp Fire subrogation recovery in third-quarter 2020 Niche education market focus and multi-year emphasis on products, distribution and infrastructure setting stage for education market share growth Supplemental and Retirement quarterly sales highest since onset of pandemic; Life sales above prior year Net investment income rose $10 million or 11% on strong returns from alternatives portfolio Book value per share up 4% and book value... More