Horace Mann Educators Reveals 92% Decline In Q2 Profit

(RTTNews) - Horace Mann Educators (HMN) reported earnings for second quarter that fell from last year.

The company said its earnings totaled $0.8 million, or $0.02 per share. This was down from $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 $283.5M 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. $283.5M last year. -Revenue Change (Y-o-Y): 2.8%