Horace Mann Educators Q2 Adj $0.27 Beats $0.19 Estimate, Sales $388.10M Miss $394.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Horace Mann Educators (NYSE:HMN) reported Q2 earnings of $0.27 per share, beating the analyst estimate of $0.19 by 42.11%. However, sales of $388.10 million missed the $394.20 million estimate by 1.55%. Earnings increased by 800% year-over-year, while sales grew by 8.89%.
August 07, 2024 | 8:54 pm
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Horace Mann Educators reported Q2 earnings of $0.27 per share, beating estimates by 42.11%, but sales of $388.10 million missed estimates by 1.55%. Earnings increased by 800% year-over-year, while sales grew by 8.89%.
The significant beat on earnings per share (EPS) by 42.11% is a strong positive indicator for the stock, despite the slight miss on sales. The 800% year-over-year increase in earnings and 8.89% growth in sales further support a positive short-term impact on the stock price.
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