secwatch.observer — SEC 8-K summary
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Issuer:     HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK:        0000850141
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001628280-23-002597
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horace Mann reports Q4 net loss of $18.5M; full-year net loss $2.6M; guides 2023 core EPS $2.00-$2.30
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- Net loss of $18.5M ($0.45 per share) in Q4 2022; full-year net loss $2.6M ($0.06 per share) vs net income $142.8M in 2021.
- Core loss of $4.7M ($0.11 per share) in Q4; full-year core earnings $45.7M ($1.09 per share), down 69.8% YoY.
- 2023 guidance: core EPS $2.00-$2.30; core earnings $84M-$96M; managed portfolio net investment income $330M-$340M.
- Property & Casualty expects core earnings $5M-$10M in 2023; auto rate increases 18-20% over next four quarters.
- CEO Marita Zuraitis cites strong Q4 sales momentum; targets double-digit ROE in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850141/000162828023002597/0001628280-23-002597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850141/000162828023002597/hmn-20230207.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-002597

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