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Horace Mann (HMN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Horace MannHorace Mann(US:HMN) ZACKSยท2024-07-31 15:07

Core Viewpoint - The market anticipates Horace Mann (HMN) will report a year-over-year increase in earnings driven by higher revenues for the quarter ending June 2024, with actual results being crucial for stock price movement [1][2]. Revenue Expectations - Revenues are projected to reach $401.1 million, reflecting a 12.5% increase compared to the same quarter last year [3]. Earnings Per Share (EPS) Estimates - The consensus EPS estimate has been revised down by 13.53% over the last 30 days, indicating a reassessment by analysts [4]. - The expected EPS for the upcoming report is $0.19, which signifies a substantial year-over-year increase of 533.3% [9]. Earnings Surprise Prediction - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with a positive Earnings ESP being a strong predictor of an earnings beat [5][6]. - For Horace Mann, the Most Accurate Estimate aligns with the Zacks Consensus Estimate, suggesting no recent differing analyst views [7]. Historical Performance - In the last reported quarter, Horace Mann was expected to post earnings of $0.77 per share but only achieved $0.60, resulting in a surprise of -22.08% [17]. - Over the past four quarters, the company has exceeded consensus EPS estimates twice [18]. Current Stock Ranking - Horace Mann currently holds a Zacks Rank of 5, indicating a challenging outlook for predicting an earnings beat [16]. Conclusion - While the company does not appear to be a strong candidate for an earnings beat, investors should consider other factors before making investment decisions [21].