HMN Earnings Prediction
The chart below shows how HMN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HMN sees a -1.01% change in stock price 10 days leading up to the earnings, and a +1.67% change 10 days following the report. On the earnings day itself, the stock moves by +0.35%. This data can give you a slight idea of what to expect for the next quarter's release.
HMN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
407.60M
7.46%
4.70%
Gross Margin
--
--
--
Operating Margin
11.51%
101.22%
209.41%
Net Margin
8.42%
173.38%
759.18%
EPS
0.83
196.43%
822.22%
No Data Available
HMN Earnings Analysis
Horace Mann Educators Corporation Corporation (HMN.N) Earnings Conference Call
Positive
Core Earnings Surge: Core earnings for the third quarter were $31.3 million or $0.76 per diluted share, a 73% increase over the prior year result of $0.44.
Sales Growth in Key Segments: Revenues were up 9% and we saw double-digit sales increases in Auto, Life and Individual Supplemental Lines.
Core EPS Guidance Maintained: We are maintaining guidance and continue to expect core EPS in the range of $2.40 to $2.70 for the fully year and remain on a solid track to meet our strategic goals of a larger share of the education market and a sustainable double-digit shareholder return in 2025.
Auto Loss Ratio Improvement: In Auto, our underlying loss ratio was 71.5%, an 8.2-point improvement over prior year.
Property Improvement Percentage: In Property, it was 41.4%, a 20.4-point improvement over prior year.
Negative
Storm Damage Estimates: We estimate the storm caused $22.5 million in damages for our policy holders, primarily in the Carolinas and Georgia.
Combined Ratio Improvement: Our reported combined ratio of just under 98% was nearly a 19-point improvement over third quarter 2023.
Life & Retirement Earnings Decline: The Life & Retirement segment contributed $14.8 million to core earnings below prior year, primarily due to lower net interest margins.
Core Return on Equity Improvement: We reported a core annualized return on equity of 8.4%, a 3.4-point improvement over the prior year and it reflects continued progress towards our goal of a sustainable double-digit return on equity in 2025.
Life & Retirement Earnings Decline: The Life & Retirement segment contributed $14.8 million to core earnings below prior year, primarily due to lower net interest margins.
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HMN Earning Call Sentiment
Horace Mann Educators Corporation (HMN) Q3 2024 Earnings Call Transcript
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HMN.N
-0.82%Positive
The earnings call indicates strong financial performance with a 73% increase in core earnings and a 9% revenue growth. The shareholder return plan is positive with ongoing dividends and share repurchases. However, product development and market strategy face competitive pressures, and the Q&A revealed some uncertainty in investment income. Overall, the company's financial health is solid, but economic sensitivity and competitive challenges temper the outlook.