Revenue Update on Horace Mann Educators Corporation(NYSE:HMN)

Horace Mann Educators Corporation(NYSE:HMN) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Feb 6, 2017. Company reported revenue of $282.800M. Analysts estimated a revenue of $283.900M. The revenues were -0.39% below the estimates. Earnings per share were $0.52. The reported EPS was above estimates by 26.83%. Analysts had estimated an EPS of $0.41.

Horace Mann Educators Corporation (HMN) made into the market gainers list on Tuesdays trading session with the shares advancing 3.12% or 1.3 points. Due to strong positive momentum, the stock ended at $43, which is also near the day’s high of $44.15. The stock began the session at $41.2 and the volume stood at 2,29,933 shares. The 52-week high of the shares is $44.15 and the 52 week low is $27.1544. The company has a current market capitalization of $1,731 M and it has 4,02,44,751 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Dec 8, 2016, Bret A Conklin (SVP & Controller) sold 2,693 shares at $41.61 per share price.Also, On Sep 1, 2016, Dwayne D Hallman (EVP and CFO) sold 8,220 shares at $36.29 per share price.On Mar 18, 2015, Ann M Caparros (General Counsel & CCO) sold 18,000 shares at $33.21 per share price, according to the Form-4 filing with the securities and exchange commission.

Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance retirement annuities (primarily tax-qualified products) and life insurance in the United States. The Company operates through three business segments: Property and Casualty Annuity and Life. The Company’s Property and Casualty Segment offers private passenger automobile insurance. HMEC’s Annuity Segment markets both fixed and variable annuity contracts primarily on a tax-qualified basis. The Company’s Life Segment offers traditional term and whole life insurance products.

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