Horace Mann Educators (HMN) Misses Q1 EPS by 34c, Offers Guidance
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Horace Mann reports first-quarter 2022 net income of $0.35 per share and core earnings* of $0.64 per share
May 5, 2022 4:15 PM EDTSales momentum continues, with additional contribution from newly acquired Madison Nationals suite of employer-sponsored benefit products for K-12 school districts Niche education market focus and multi-year emphasis on products, distribution and infrastructure setting stage for education market share growth Property & Casualty segment earnings declined, leading to lower net income and core earnings; steady earnings in Life & Retirement and Supplemental & Group Benefit segments Property & Casualty segment year-over-year comparison unfavorable due to pandemic-related low level of auto loss activity in prior-year quarter; industry-sector impact of inflation... More
