Horace Mann Educators (HMN) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $38.2 million, or $0.92 per share. This compares with $26.5 million, or $0.64 per share, last year.
Excluding items, Horace Mann Educators reported adjusted earnings of $44.7 million or $1.07 per share for the period.
Analysts on average had expected the company to earn $0.94 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.9% to $416.4 million from $386.0 million last year.
Horace Mann Educators earnings at a glance (GAAP) :
-Earnings: $38.2 Mln. vs. $26.5 Mln. last year.
-EPS: $0.92 vs. $0.64 last year.
-Revenue: $416.4 Mln vs. $386.0 Mln last year.
-Guidance:
Full year EPS guidance: $3.85 to $4.15
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