Horace Mann(US:HMN)2025-11-04 21:31Financial Performance - Total revenues for Q3 2025 were $438.5 million, a 6.4% increase from $412.1 million in Q3 2024[3] - Net income for Q3 2025 reached $58.3 million, up 70.0% from $34.3 million in Q3 2024, resulting in a diluted EPS of $1.40[3][6] - Core earnings for Q3 2025 were $56.6 million, a 64.5% increase compared to $34.4 million in Q3 2024, with core EPS of $1.36[3][6] Guidance and Projections - Full-year 2025 core EPS guidance has been increased to a range of $4.50 to $4.70[5][6] - The company aims to achieve record annual core earnings and a double-digit shareholder return on equity by 2025[7] Book Value Metrics - Book value per share at the end of Q3 2025 was $35.31, an 11.7% increase from $31.60 in Q3 2024[3] - Adjusted book value per share was $39.51, up 7.1% from $36.89 in Q3 2024[3] - Tangible book value per share increased by more than 9%[6] Operational Efficiency - The Property & Casualty segment's combined ratio improved to 87.8%, more than 10 points better than the prior year[6] - Year-to-date results indicate strong profitability and sustained growth momentum across the diversified business[5][7]