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Horace Mann Educators | 10-Q: Q3 2024 Earnings Report

Horace Mann Educators | 10-Q: Q3 2024 Earnings Report

霍勒斯曼恩 | 10-Q:2024財年三季報
美股SEC公告 ·  11/05 05:36

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Horace Mann Educators (HMEC) reported a robust financial performance for the third quarter of 2024, with significant year-over-year improvements in net income and earnings per share. Total revenues for the quarter increased by 8.8% to $412.1 million, while net income surged by 193.2% to $34.3 million compared to the same period in 2023. Diluted earnings per share for the quarter were $0.83, a substantial increase from $0.28 in the prior year. The company's book value per share also grew by 22.8% to $31.60. The Property & Casualty segment saw a net income increase of 193.8% for the quarter, driven by higher average written premiums and a significantly lower underlying loss ratio. The Life & Retirement segment experienced a decrease in net income by 29.2% for the quarter, primarily due to a...Show More
Horace Mann Educators (HMEC) reported a robust financial performance for the third quarter of 2024, with significant year-over-year improvements in net income and earnings per share. Total revenues for the quarter increased by 8.8% to $412.1 million, while net income surged by 193.2% to $34.3 million compared to the same period in 2023. Diluted earnings per share for the quarter were $0.83, a substantial increase from $0.28 in the prior year. The company's book value per share also grew by 22.8% to $31.60. The Property & Casualty segment saw a net income increase of 193.8% for the quarter, driven by higher average written premiums and a significantly lower underlying loss ratio. The Life & Retirement segment experienced a decrease in net income by 29.2% for the quarter, primarily due to a lower net interest spread and unfavorable benefits. The Supplemental & Group Benefits segment's net income decreased by 6.3% for the quarter. HMEC's investment portfolio performed well, with a decrease in pretax net investment losses and a reduction in unrealized investment losses on fixed maturity securities. Looking ahead, HMEC maintains its full-year core earnings projection for 2024 within the range of $2.40 to $2.70 per diluted share, anticipating an 8% to 9% increase in net premiums and contract charges earned, driven by Property & Casualty rate actions. The company continues to manage its investment portfolio with a focus on income generation and principal protection, and it remains confident in its liquidity position to meet future obligations.
霍勒斯曼恩(HMEC)報告稱,2024年第三季度財務表現強勁,淨利潤和每股收益同比大幅改善。本季度總收入增長了8.8%,達到41210萬美元,而淨利潤較2023年同期增長了193.2%,達到3430萬美元。本季度每股攤薄收益爲0.83美元,較去年同期的0.28美元大幅增加。公司每股賬面價值也增長了22.8%,達到31.60美元。財產與意外傷害部門的淨利潤增長了193.8%,受益於較高的平均預寫保費和明顯較低的基礎損失率。壽險與養老部門本季度淨利潤下降了29.2%,主要是由於較低的淨利差和不利的福利。附加與團體福利部門本季度淨利潤下降了6.3%。HMEC的投資組合表現良好,稅前淨投資損失減少,固...展開全部
霍勒斯曼恩(HMEC)報告稱,2024年第三季度財務表現強勁,淨利潤和每股收益同比大幅改善。本季度總收入增長了8.8%,達到41210萬美元,而淨利潤較2023年同期增長了193.2%,達到3430萬美元。本季度每股攤薄收益爲0.83美元,較去年同期的0.28美元大幅增加。公司每股賬面價值也增長了22.8%,達到31.60美元。財產與意外傷害部門的淨利潤增長了193.8%,受益於較高的平均預寫保費和明顯較低的基礎損失率。壽險與養老部門本季度淨利潤下降了29.2%,主要是由於較低的淨利差和不利的福利。附加與團體福利部門本季度淨利潤下降了6.3%。HMEC的投資組合表現良好,稅前淨投資損失減少,固定到期證券未實現投資損失也有所減少。展望未來,HMEC保持其2024年全年核心盈利預期在每股攤薄2.40至2.70美元的區間內,預計淨保費和合同收費收入將增加8%至9%,受到財產與意外傷害費率行動的推動。公司繼續專注於投資組合的收入生成和本金保護,並對其流動性狀況保持信心,以滿足未來義務。

譯文內容由第三人軟體翻譯。


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以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。