Horace Mann reports Q2 adjusted core EPS 27c, consensus 19c

Reports Q2 revenue $388.1M, consensus $394.27M. Property & Casualty combined ratio improved 13 points over prior year including 3.5 points of favorable prior years’ reserve development, remaining on track to restoring profitability. “Our results clearly illustrate Horace Mann’s ability to help all educators protect what they have today and prepare for a successful tomorrow while also assisting school districts and other municipal employers so they can provide more comprehensive benefits that can help attract and retain employees,” said Horace Mann President & CEO Marita Zuraitis. “The diversification of our business reflects our strategy to deliver consistent and reliable value to shareholders with a solid balance sheet and a compelling dividend.