Horace Mann Educators (HMN) Misses Q2 EPS by 23c
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Horace Mann reports second-quarter 2023 results in line with pre-announcement
August 1, 2023 4:15 PM EDTNet loss of $13 million, or $0.31 per share, for the quarter Diversified business delivered core earnings* of $1 million, or $0.03 per share, despite continued elevated catastrophe losses Educator household acquisition momentum continues with sales growth in both Retail and Worksite Divisions Strong core earnings contributions from Supplemental & Group Benefits and Life & Retirement segments illustrate benefits of business diversification Catastrophe losses of $41.5 million, pretax, reduced second-quarter Property & Casualty segment earnings Underlying P&C segment performance reflected rate actions being implemented to address inflationary pressure in auto and property... More
