Horace Mann Educators Q4 Profit Decreases, But Beats Estimates

Horace Mann Educators (HMN) revealed earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $38.2 million, or $0.92 per share. This compares with $39.5 million, or $0.95 per share, last year.

Excluding items, Horace Mann Educators reported adjusted earnings of $69.8 million or $1.68 per share for the period.

Analysts on average had expected the company to earn $1.03 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 1.5% to $409.0 million from $402.9 million last year.

Horace Mann Educators earnings at a glance (GAAP) :

-Earnings: $38.2 Mln. vs. $39.5 Mln. last year.
-EPS: $0.92 vs. $0.95 last year.
-Revenue: $409.0 Mln vs. $402.9 Mln last year.

by RTTNews Staff Writer

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