Unum: Q2 Earnings Snapshot
CHATTANOOGA, Tenn. (AP) _ Unum Group (UNM) on Tuesday reported second-quarter net income of $370.4 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had profit of $1.83. Earnings, adjusted for investment costs, were $1.91 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The insurance company posted revenue of $3.04 billion in the period. Its adjusted revenue was $3.05 billion, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $2.99 billion.