secwatch.observer — SEC 8-K summary
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Issuer:     HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK:        0000850141
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001628280-24-032999
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horace Mann cuts FY 2024 core EPS guidance to $2.40-$2.70 on lower investment income
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- Q2 2024 core EPS expected $0.18-$0.20; full-year guidance lowered from prior range due to commercial mortgage loan fund mark-to-market valuation adjustments.
- Life & Retirement segment full-year earnings revised to $50-$56M; P&C segment guidance narrowed to $36-$39M with catastrophe losses of $40-$42M pretax in Q2.
- P&C sales increased more than 30% in Q2; new money yields exceeded book yield by 163 bps at quarter-end.
- Supplemental & Group Benefits full-year earnings estimate raised to $49-$52M on lower-than-expected benefits utilization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850141/000162828024032999/0001628280-24-032999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850141/000162828024032999/hmn-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-032999

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