Horace Mann sees Q2 core EPS $0.01-$0.03 on $41-$43M catastrophe losses

HORACE MANN EDUCATORS CORP /DE/

2023-Q2 EPS reported -$0.15 revenue$710,300,000

Q2 2023 core EPS expected $0.01-$0.03; catastrophe losses $41-$43M pretax (26-27 pts of combined ratio).
Full-year 2023 core EPS guidance maintained at $1.20-$1.45; catastrophe loss estimate raised to $95-$100M.
Auto rate increases since 2022 total ~15% nationwide; full-year impact expected ~20%.
Property average renewal premiums expected to rise 17%-20% in 2023 due to rate actions.
Worksite and Life & Retirement businesses remain strong, offsetting P&C weather impact.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

HORACE MANN EDUCATORS CORP /DE/ reported preliminary financial results for the three months ended June 30, 2023.

Period: the three months ended June 30, 2023
Result: preliminary results

Exact text from the filing

On July 20, 2023, the Company issued a news release estimating core earnings and the financial impact from severe weather events for the three months ended June 30, 2023, and updated full-year guidance.

View on SEC.gov

Browse all earnings releases →

HORACE MANN EDUCATORS CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001628280-23-025262

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.