Horace Mann: Q4 Earnings Snapshot

February 7, 2023 GMT

SPRINGFIELD, Ill. (AP) — SPRINGFIELD, Ill. (AP) — Horace Mann Educators Corp. (HMN) on Tuesday reported a fourth-quarter loss of $18.5 million, after reporting a profit in the same period a year earlier.

The Springfield, Illinois-based company said it had a loss of 45 cents per share. Losses, adjusted for investment costs, came to 6 cents per share.

The provider of auto and homeowners’ insurance for teachers and other educators posted revenue of $346.8 million in the period.

For the year, the company reported a loss of $2.6 million, or 6 cents per share, swinging to a loss in the period. Revenue was reported as $1.38 billion.

Horace Mann expects full-year earnings in the range of $2 to $2.30 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HMN at https://www.zacks.com/ap/HMN