What are the year‑over‑year changes in revenue, earnings, and core earnings, and what drove those changes?
Answer – What the press release tells us (and what it doesn’t)
Below is a concise summary of the year‑over‑year (Yo‑Y) performance metrics that are explicitly provided in the Hor Horace Mann Educators Corp. (HMN) Q2‑2025 earnings release, together with the key drivers that the company highlighted.
| Metric (Q2 2025) | Yo‑Y change (as reported) | What drove the change (per the release) |
|---|---|---|
| Revenue | Not disclosed in the excerpt you provided. The press release mentions that “Diversified business delivered second‑quarter net income…”, but it does not give a percentage or dollar‑value change versus Q2 2024. | The release points to “record core earnings” and “diversified business” as the main contributors, but without the revenue figure we can’t quantify the Yo‑Y change. |
| Net earnings (GAAP net income) | $29.4 million (or $0.71 per share) – the press release does not state the Yo‑Y % change or the prior‑year amount. | The company attributes the result to “diversified business” performance; however, specific drivers (e.g., insurance underwriting, investment income, expense management) are not detailed in the excerpt. |
| Core earnings (the “core earnings” metric that Hor Mann uses for its “core earnings per share” (CEPS) presentation) | $44.2 million (or $1.06 per share). The release describes these as “record core earnings.” No explicit Yo‑Y % change or prior‑year figure is provided. | The press release cites “record core earnings” and a “diversified business” model as the drivers, but it does not break out the exact components (e.g., underwriting profit, investment income, or expense control). |
Why the “year‑over‑year” numbers are missing in the excerpt
The news snippet you posted contains only the headline numbers (net income and core earnings for the quarter). The typical earnings press release would usually include a table or narrative like:
“Revenue increased X% (or decreased Y%) to $ B million, compared with $ B million in Q2 2024.”
“Net earnings rose Y% year‑over‑year to $ B million (or $ per share), versus $ M (or $ per share) in the prior year.”
“Core earnings increased Z% to $ M (or $ per share), driven primarily by….”
Because those sentences (or a table with the prior‑year figures) are not present in the text you supplied, we cannot compute or quote the Yo‑Y percentages or dollar changes.
To answer the question precisely, we would need the full press‑release text or the accompanying earnings release PDF/HTML that contains the comparative‑year data.
What we do know from the excerpt
- Net income for Q2 2025: $29.4 M ($0.71 per share).
- Core earnings for Q2 2025: $44.2 M ($1.06 per share).
- The company describes the results as “record core earnings”, indicating that the $44.2 M figure is the highest the company has reported to date (a positive sign for growth).
- The “diversified business” model (i.e., a combination of insurance, investment, and other financial‑services activities) is singled out as the primary driver of the quarter’s performance.
Bottom line for the question you asked
Because the provided news excerpt does not contain the year‑over‑year change percentages or dollar amounts for revenue, net earnings, or core earnings, a precise numerical answer cannot be derived from the information supplied.
If you can provide the full press release (or at least the section that includes the prior‑year figures and the percentage changes), I will be able to calculate and present the Yo‑Y changes and explain the specific drivers (e.g., underwriting profit, investment income, expense management, or growth in specific product lines) that the company cites.
Feel free to share that additional snippet, and I’ll give you the exact Yo‑Y percentages and a more detailed driver analysis.