Horace Mann Educators Earnings Call Transcripts
Fiscal Year 2026
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The meeting highlighted record financial results for 2025, with strong earnings and return on equity. All board nominees and proposals, including executive compensation and auditor ratification, were overwhelmingly approved. Strategic initiatives focused on educator support and sustainability.
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Record first quarter results with core EPS up 20% year-over-year, strong growth in life, supplemental, and group benefits, and improved P&C profitability. Guidance and strategic targets remain unchanged, with continued disciplined capital management.
Fiscal Year 2025
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Record 2025 results included core EPS of $4.71, 12.4% ROE, and 7% revenue growth, with all segments meeting or exceeding targets. 2026 guidance calls for 10% EPS growth from a normalized baseline, continued strong capital management, and further expense ratio improvement.
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Record third quarter results featured a 64% EPS increase, strong revenue growth, and all segments at or above target profitability. Full-year EPS guidance was raised, with disciplined capital management and strategic investments supporting long-term growth.
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Second quarter core EPS nearly tripled year-over-year, with strong growth across all segments and lower catastrophe losses. Full-year 2025 core EPS guidance was raised, and capital returns to shareholders increased, supported by robust investment income and strategic initiatives.
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A clear strategy focuses on deepening educator market penetration, expanding into new districts, and testing adjacent segments, supported by omnichannel distribution, technology, and partnerships. Financial guidance targets 10-15% new business growth and 10%+ earnings CAGR, with disciplined capital management and ongoing investment in operational efficiency.
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Record Q1 core EPS rose 73% year-over-year, driven by strong P&C performance and investment income. Guidance for 2025 remains on track for record core earnings and double-digit ROE, with continued dividend growth and share repurchases supporting shareholder value.
Fiscal Year 2024
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Record Q4 and full-year results driven by restored P&C profitability, strong sales growth, and higher investment income. 2025 guidance targets core EPS of $3.60–$3.90 and double-digit ROE, with continued investment in technology and distribution.
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Third quarter core earnings rose 73% year-over-year, with strong premium growth and improved loss ratios across segments. Full-year guidance is maintained, and the company is on track for double-digit ROE in 2025, supported by robust capital management and digital investments.
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Core earnings and revenues grew strongly year-over-year, with improved P&C profitability and robust sales across all segments. Catastrophe losses and CML valuation adjustments weighed on results, but guidance remains positive for 2025 profitability and double-digit ROE.