Overview

* Horace Mann Q3 revenue rises 6%, beating analyst expectations

* Core EPS for Q3 beats analyst estimates, showing strong operational performance

* Company raises full-year 2025 core EPS guidance to $4.50-$4.70

Outlook

* Horace Mann raises full-year 2025 core EPS guidance to $4.50-$4.70

* Company targets double-digit shareholder return on equity for 2025

Result Drivers

* PROPERTY & CASUALTY IMPROVEMENT - Co's Property & Casualty segment combined ratio improved by more than 10 points over prior year

* LOWER CATASTROPHE COSTS - Co benefited from catastrophe costs that were meaningfully below prior year and recent prior periods, per CEO Marita Zuraitis

* TANGIBLE BOOK VALUE INCREASE - Tangible book value per share increased by more than 9%

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $438.50 $430.65

Revenue mln mln (2

Analysts

)

Q3 Core Beat $1.36 $1.11 (4

EPS Analysts

)

Q3 Net $58.30

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the property & casualty insurance peer group is "buy"

* Wall Street's median 12-month price target for Horace Mann Educators Corp ( HMN ) is $49.00, about 9.7% above its November 3 closing price of $44.25

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)