NYSE$HMN

Horace Mann Educators Corporation · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Definitions of selected terms for evaluating performance were provided.

The company provided definitions for various financial measures used to evaluate performance.

  • Book value per share excluding the fair value adjustment for investments is calculated by dividing total shareholders’ equity excluding after tax net unrealized investment gains and losses on securities by ending shares outstanding.
  • Core earnings (loss) is consolidated net income (loss) excluding the after-tax impact of net investment gains (losses), discontinued operations, goodwill impairment charges, the effect of a change in tax laws and tax rates at enactment date, and cumulative effect of changes in accounting principles when applicable.
  • Sales are measured by the Company as premiums and deposits to be collected over the 12 months following the sale of a new policy for automobile, homeowners, supplemental business and life business, as well as increases in contributions to certain life business.
  • Investment yields are calculated by annualizing the result of year-to-date net investment income (adjusted to exclude net investment income from limited partnership interests for the corresponding period) divided by the average quarter-end and beginning of quarter carrying amount of invested assets.

Headline financials

Total Revenue

$315M

Previous: $451M-30.2%
EPS (adj)

$0.67

Previous: $0.17+294.1%
Free Cash Flow

$30.6M

Previous: $93.8M-67.4%
Net Income

$30.6M

Previous: $93.8M-67.4%
Operating Income

$97.1M

Previous: $158M-38.6%
Gross Profit

$101M

Previous: $214M-52.8%
Cash & Equivalents

$81.7M

Previous: $7.62M+972.9%
Total Assets

$12.6B

Previous: $11.8B+6.7%
Stock-Based Comp

$1.59M

Previous: $1.98M-19.9%

Revenue & EPS history

Horace Mann · Revenue · Quarterly

$315M

Q2 2020-30.2%vs Q2 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+0.5%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+9.2%

Q1 2020

Best reaction

-9.2%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-2.8%+2.8%
Q4 2025-3.8%-5.1%-3.4%
Q3 2025+3.6%+0.8%-3.6%
Q1 2025+0.5%-0.3%+5.5%
Q4 2024+5.1%+9.3%+7.5%
Q3 2024+5.1%+9.2%+10.4%
Q2 2024-1.0%-1.0%+3.5%
Q1 2024-8.3%-9.7%-11.7%
Q4 2023+4.0%+6.0%-1.3%
Q3 2023+3.8%+2.8%+5.0%
Q2 2023-4.7%-4.4%-4.9%
Q1 2023+2.7%+4.9%-3.5%
Q4 2022-1.3%-5.9%+1.5%
Q3 2022-2.0%-2.8%-3.7%
Q2 2022+5.6%+7.6%+6.7%
Q1 2022-9.2%-8.8%-8.5%
Q4 2021+2.9%+4.6%+9.2%
Q3 2021-1.6%+1.3%-5.9%
Q2 2021-2.2%+0.6%+3.4%
Q1 2021-3.2%-1.7%-2.7%
Q4 2020-2.6%-2.0%+5.1%
Q3 2020+8.0%+3.7%+18.3%
Q2 2020+4.3%+4.6%-0.4%
Q1 2020+9.2%+1.2%+23.3%
Q4 2019+4.0%-0.3%-6.9%
Q3 2019-1.3%+1.8%+1.6%
Q2 2019+2.9%+3.0%+2.9%
Q1 2019+5.5%+6.3%+6.1%
Q4 2018-7.3%-10.6%-10.2%
Q3 2018+3.5%+7.9%+5.5%
Q2 2018+0.5%+0.1%+5.8%
Q1 2018-3.2%-3.7%+0.5%
Q4 2017+4.4%+3.0%+9.5%
Q3 2017+7.4%+11.1%+13.5%
Q2 2017+3.8%+3.6%+3.6%
Q1 2017-0.9%-1.2%-2.3%
Q4 2016+2.0%+0.2%-1.4%
Q3 2016+1.4%-6.5%+12.8%
Q2 2016-1.4%-3.1%+1.9%
Q1 2016+7.3%
Q4 2015-5.5%
Q3 2015-2.6%
Q2 2015-4.2%
Q1 2015+5.6%
Q4 2014-2.8%
Q3 2014-2.8%
Q2 2014-0.2%
Q1 2014+3.5%
Q4 2013+3.1%
Q3 2013-6.5%
Q2 2013+3.5%
Q1 2013-2.2%
Q4 2011+0.7%
Q1 2010+0.7%
Q4 2012+0.7%
Q3 2012+4.9%
Q2 2012+2.9%
Q1 2011+1.1%
Q1 2012+2.1%
Q4 2009+0.4%
Q3 2010-5.6%
Q3 2011-5.6%
Q4 2010+0.0%
Q2 2011+0.0%
Q2 2010+0.0%

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