Horace Mann Educators (HMN) reported a profit for second quarter that decreased from last year.
The company said its earnings declined to $0.8 million, or $0.02 per share. This was lower than $10.3 million, or $0.25 per share, in last year's second quarter.
Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 2.8% to $291.4 million. This was up from $283.5 million last year.
Horace Mann Educators earnings at a glance:
-Earnings (Q2): $0.8 Mln. vs. $10.3 Mln. last year.
-Earnings Decline (Y-o-Y): -92.2%
-EPS (Q2): $0.02 vs. $0.25 last year.
-EPS Decline (Y-o-Y): -92.0%
-Analysts Estimate: $0.11
-Revenue (Q2): $291.4 Mln vs. $283.5 Mln last year.
-Revenue Change (Y-o-Y): 2.8%
-Guidance:
Full year EPS guidance: $1.45 and $1.65
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