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Stock impact report

Horace Mann reports strong fourth-quarter and full-year 2023 results

Horace Mann Educators Corporation (HMN) 
Last horace mann educators corporation earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.horacemann.com
Company Research Source: Business Wire
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest financial services company focused on helping America’s educators and a core small-cap value equity in the Financials sector, today reported financial results for the three months and full year ended December 31, 2023:Diversified business delivered full-year net income of $45 million, or $1.09 per share, and core earnings* of $64 million, or $1.54 per share, with reported book value of $28.78 and adjusted book value* of $36.29 at year end; fourth-quarter net income was $0.95 per share, with core earnings of $0.84 per shareTotal revenue rose 8% for the year and 16% for the fourth quarter with net premiums and contract charges earned up 3% and record net premiums written and contract deposits* up 6% for the year and fourth quarter, total net investment income up 11% for the year and 17% for the fourth quarterProperty & Casualty segment results improved over 2022 with fourth-quarter segment Show less Read more
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