Unum: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 04:26 PM ET
Last Updated - Oct 29, 2024, 04:26 PM EDT
CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Tuesday reported third-quarter earnings of $645.7 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had profit of $3.46. Earnings, adjusted for non-recurring gains, came to $2.13 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.
The insurance company posted revenue of $3.22 billion in the period, which missed Street forecasts. Thirteen analysts surveyed by Zacks expected $3.25 billion.