Unum Group reports results for the quarter ended in March

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Unum Group reports results for the quarter ended in March – Earnings Summary

















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Reuters

Unum Group reports results for the quarter ended in March – Earnings Summary



Unum Group reports results for the quarter ended in March – Earnings Summary
  • Unum Group UNM.N reported quarterly adjusted earnings of $2.12​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of $1.87. The mean expectation of twelve analysts for the quarter was for earnings of $1.97 per share. Wall Street expected results to range from $1.93 to $2.02 per share.

  • Revenue rose 5.4% to $3.20 billion from a year ago; analysts expected $3.21 billion.

  • Unum Group’s reported EPS for the quarter was $2.04​.

  • The company reported quarterly net income of $395.2 million.

  • Unum Group shares had fallen by 4.9% this quarter and gained 12.8% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​

  • In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 7 “strong buy” or “buy,” 5 “hold” and no “sell” or “strong sell.”

  • The average consensus recommendation for the life & health insurance peer group is also “buy”

Wall Street’s median 12-month price target for Unum Group is $57.00

This summary was machine generated from LSEG data April 30 at 11:40 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2024

1.97

2.12

Beat

Dec. 31 2023

1.87

1.79

Missed

Sep. 30 2023

1.94

Jun. 30 2023

1.86

2.06

Beat

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