Quarterly ResultMay 6, 2026, 04:29 PM
Horace Mann Q1 Core EPS $1.28, Net Income $41M; Revenue +3.1%
AI Summary
Horace Mann Educators Corporation reported strong first-quarter 2026 financial results, with net income rising 7.9% to $41 million and record core earnings increasing 17.4% to $53 million. Core EPS grew 19.6% to $1.28, and total revenues increased 3.1% to $429.3 million. The company also saw a significant improvement in its Property & Casualty segment's combined ratio and returned $33 million to shareholders, while maintaining its full-year 2026 core EPS guidance.
Key Highlights
- Net income of $41 million, up 7.9% year-over-year.
- Record first-quarter core earnings of $53 million, up 17.4% year-over-year.
- Core EPS of $1.28, an increase of 19.6% year-over-year.
- Total revenues reached $429.3 million, up 3.1% year-over-year.
- Premiums, contract charges, and fee revenue rose 6% for the quarter.
- Property & Casualty segment combined ratio improved over 5 points to 83.3%.
- Returned $33 million of capital to shareholders, including $18 million in share repurchases.
- Full-year 2026 core EPS guidance maintained at $4.20-$4.50.