Horace Mann Educators Corporation reported a strong fourth quarter in 2024, with record core earnings of $1.62 per share and total revenues of $409.0 million. The company also achieved full-year net income of $103 million and core earnings of $132 million, driven by improved Property & Casualty combined ratio.
Fourth-quarter core earnings reached a record $1.62 per share, demonstrating strong operational performance.
Full-year net income was $103 million, or $2.48 per share, and core earnings were $132 million, or $3.18 per share.
Total revenues for the fourth quarter increased by 1.5% to $409.0 million, contributing to a 6.9% increase for the full year.
The full-year Property & Casualty combined ratio improved by 15 points over the prior year, indicating enhanced profitability in this segment.
Horace Mann estimates full-year 2025 core EPS to be between $3.60 and $3.90, with an expectation of double-digit shareholder return on equity, driven by continued business profitability and growth plans.
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