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Unum Group (UNM)
NYSE:UNM
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.14Last Year’s EPS
1.79Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 21.66%
|Next Earnings Date:Jul 30, 2018
Earnings Call Sentiment|Positive
Unum's third quarter results were strong, with EPS growth exceeding expectations, robust statutory earnings, and significant achievements in group insurance and international segments. However, there were some challenges, including sales declines in core operations and elevated benefit ratios in voluntary benefits.Company Guidance
During the Unum Group's Q3 2024 earnings call, the company provided guidance indicating a strong financial performance and positive outlook. The company expects full-year EPS growth of 10% to 15%, surpassing their initial outlook, driven by broad-based performance and robust cash flow generation. Adjusted EPS for the quarter was $2.13, with statutory earnings exceeding $300 million, totaling over $1 billion year-to-date. Unum reported a 4.6% increase in core operations premium growth and a consolidated return on equity of 12.5%. The Group Life and AD&D segment saw an 80% increase in adjusted operating earnings, while the Group Disability line reported a benefit ratio of 59.1%. The company plans a significant share repurchase, totaling approximately $1 billion for 2024, reflecting strong capital generation and balance sheet strength.EPS Growth Exceeds Expectations
Unum is on track to achieve EPS growth expectations of 10% to 15% for 2024, which is higher than their original outlook.
Strong Statutory Earnings
Statutory earnings surpassed $300 million for the quarter, bringing the total to over $1 billion for the year.
Group Disability and Life Insurance Performance
Group disability experienced low benefit levels with strong recoveries, and group life insurance business had benefit ratios under 70%.
International and Colonial Life Growth
International business had robust premium growth of over 10%, and Colonial Life achieved a nearly 20% ROE with premiums growing 2.5%.
Successful Capital Management
Unum plans a one-time additional share repurchase in the fourth quarter, bringing the total amount of share repurchase to approximately $1 billion for 2024.
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UNM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UNM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $61.63 | $64.39 | +4.48% |
| Jul 30, 2024 | $53.92 | $57.15 | +5.99% |
| Apr 30, 2024 | $49.97 | $51.12 | +2.30% |
| Jan 30, 2024 | $46.82 | $47.31 | +1.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Unum Group (UNM) report earnings?
Unum Group (UNM) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Unum Group (UNM) earnings time?
Unum Group (UNM) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UNM EPS forecast?
UNM EPS forecast for the fiscal quarter 2024 (Q4) is 2.14.
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