Horace Mann Educators Corporation (NYSE:HMN) provider of community banking products and services, is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.68 per share.
Looking ahead, the full year income are expected at $ 2.99 per share on the revenues of $ 1288.40 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.80 ~ $ 3.00 per share
Click Here For More Historical Outlooks Of Horace Mann Educators Corporation
Previous Quarter Performance
Horace Mann Educators Corporation came out with income for the second quarter of $ 0.67 per share, from the revenue of $ 314.90 million. The quarterly earnings developed 294.12 percent while revenues reduced 30.25 percent compared with the same quarter last year.
According to street consensus, HMN was expected to report 2Q20 income of $ 0.39 per share from revenue of $ 329.75 million. The bottom line results beat street analysts by $ 0.28 or 71.79 percent, at the same time, top line results fell short of analysts by $ 14.85 million or 4.5 percent.
Stock Performance
On Friday, shares of Horace Mann Educators Corporation has traded high as $ 34.59 and has cracked $ 33.71 on the downward trend, reaching $ 33.91 with volume of 179.40 thousand shares.
According to the previous trading day, closing price of $ 33.91, representing a 12.60 % increase from the 52 week low of $ 30.48 and a 25.76 % decrease over the 52 week high of $ 46.23.
The company has a market capital of $ 1.40 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Recent Analyst recommendations
- On 7th October 2020, maintained by Piper Sandler at Overweight rating, with $ 42.00 target price.
Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The Company operates through four segments: Property and Casualty, Retirement, Life, and Corporate and Other. It underwrites and markets personal lines of property and casualty insurance, including personal lines automobile and property insurance products; retirement products, such as tax-qualified fixed and variable annuities; and life insurance products.
