earnings
confidence high
sentiment positive
materiality 0.80
Horace Mann reports record 2021 core EPS of $3.59; guides 2022 EPS $3.45-$3.65
HORACE MANN EDUCATORS CORP /DE/
2021-FY EPS reported
$3.39
revenue$1,330,100,000
- Full-year 2021 net income $142.8M ($3.39/share); record core earnings $151.4M ($3.59/share).
- Book value per share $43.66 (up 1%); book value ex unrealized gains up 6.6% to $36.64.
- 2022 core EPS guidance $3.45-$3.65, ROE near 10%; targets 10% avg growth from 2023.
- Acquired Madison National Life Jan 1, 2022; expects at least $0.15 EPS accretion in 2022.
- P&C core earnings $57M, underlying combined ratio 87.7%; auto loss ratio returned to pre-pandemic.