Unum Group reports results for the quarter ended March 31 - Earnings Summary

• Unum Group UNM reported quarterly adjusted earnings of $2.04​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.12. The mean expectation of fourteen analysts for the quarter was for earnings of $2.19 per share. Wall Street expected results to range from $2.10 to $2.26 per share.

• Revenue fell 3.4% to $3.09 billion from a year ago; analysts expected $3.34 billion.

• Unum Group's reported EPS for the quarter was $1.06​.

• The company reported quarterly net income of $189.1 million.

• Unum Group shares had fallen by 3.0% this quarter and gained 8.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 4 "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 $93.50

This summary was machine generated from LSEG data April 29 at 10:42 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)