Horace Mann Educators Announces 8% Fall In Q3 Profit

(RTTNews) - Horace Mann Educators (HMN) reported a profit for third quarter that decreased from last year.

The company said its bottom line came in at $21.2 million, or $0.50 per share. This was down from $23.1 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.0% to $265.7 million. This was up from $265.6 million last year.

Horace Mann Educators earnings at a glance:

-Earnings (Q3): $21.2 Mln. vs. $23.1 Mln. last year. -Earnings Decline (Y-o-Y): -8.2% -EPS (Q3): $0.50 vs. $0.55 last year. -EPS Decline (Y-o-Y): -9.1% -Analysts Estimate: $0.56 -Revenue (Q3): $265.7 Mln vs. $265.6 Mln last year. -Revenue Change (Y-o-Y): 0.0%

-Guidance: Full year EPS guidance: $2.10 - $2.20