Unum: Q2 Earnings Snapshot
CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Tuesday reported second-quarter earnings of $389.5 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had profit of $2.05. Earnings, adjusted for non-recurring costs and amortization costs, were $2.16 per share.
The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.
The insurance company posted revenue of $3.23 billion in the period. Its adjusted revenue was $3.24 billion, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $3.23 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNM at https://www.zacks.com/ap/UNM