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Horace Mann Earnings Jump
Horace Mann Educators(HMN Quote), an insurance holding company, said its third-quarter earnings jumped.
The Springfield, Ill.-based company earned $19.4 million, or 43 cents a share, in the quarter, compared with $1 million, or 2 cents a share, a year ago. Third-quarter earnings include after-tax net realized gains on securities of penny a share. Analysts surveyed by Thomson First Call were expecting earnings of 51 cents a share in the most recent quarter.
Third-quarter revenue rose 4.4% from a year ago to $216.6 million. ...
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