Horace Mann: 2Q Earnings Snapshot
SPRINGFIELD, Ill. (AP) _ Horace Mann Educators Corp. (HMN) on Monday reported second-quarter profit of $93.8 million.
The Springfield, Illinois-based company said it had profit of $2.24 per share. Earnings, adjusted for investment gains, came to 17 cents per share.
The provider of auto and homeowners’ insurance for teachers and other educators posted revenue of $451.5 million in the period.
Horace Mann expects full-year earnings in the range of $2.05 to $2.25 per share.
Horace Mann shares have risen 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $41.48, a decrease of almost 6% in the last 12 months.