Horace Mann Educators Q2 EPS $0.03, Inline, Sales $356.40M Miss $375.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Horace Mann Educators (HMN) reported Q2 earnings of $0.03 per share, in line with analyst estimates, marking a 400% increase YoY. However, the company's quarterly sales of $356.40M missed the consensus estimate of $375.40M by 5.06%, though it's a 2.92% increase YoY.
August 04, 2023 | 10:31 am
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NEUTRAL IMPACT
HMN's Q2 earnings met expectations, but sales fell short of estimates. Despite the sales miss, both earnings and sales increased YoY.
HMN's earnings were in line with expectations, which is positive. However, the company missed sales estimates, which could negatively impact the stock. The YoY increase in both earnings and sales might mitigate this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100