Unum: Q4 Earnings Snapshot
By AP News
Published - Jan 30, 2024, 05:09 PM ET
Last Updated - Jan 30, 2024, 05:09 PM EST
CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Tuesday reported fourth-quarter profit of $330.6 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had net income of $1.69. Earnings, adjusted for investment costs, were $1.79 per share.
The results missed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.86 per share.
The insurance company posted revenue of $3.15 billion in the period, surpassing Street forecasts. Ten analysts surveyed by Zacks expected $3.13 billion.
