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Unum Group (UNM)
:UNM
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.2Last Year’s EPS
2.12Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: -1.53%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance for Unum in 2024, with significant growth in earnings and effective capital management. However, challenges remain in certain product lines and market segments, such as voluntary benefits and Colonial Life sales. The outlook for 2025 is positive, with expectations of continued growth and strategic advancements.Company Guidance
During the Unum Group's fourth quarter 2024 earnings call, the company outlined a strong performance in 2024, exceeding initial expectations with a 10% growth in earnings per share compared to the anticipated 7% to 9%. Key metrics highlighted included a 20% return on equity (ROE) for core operations and a 15% dividend increase. The company repurchased around $1 billion worth of shares, which included over $700 million excluding one-time purchases. Looking ahead to 2025, Unum expects to generate between $1.3 billion and $1.6 billion in free cash flow and aims for an 8% to 12% growth in earnings per share. The company anticipates consolidated sales growth in the high single digits and premium growth in the range of 4% to 7%, maintaining good margins through disciplined underwriting. Unum also reported robust financial metrics, ending 2024 with $2 billion in holding company cash and a risk-based capital (RBC) ratio of 430%, while expecting to maintain RBC above 400% and holding company cash greater than $2 billion by the end of 2025.Earnings and Revenue Growth
Unum Group delivered strong financial results in 2024, with earnings per share growing 10%, exceeding initial expectations of 7% to 9% growth. Core operations delivered over 20% ROE.
Capital Management Success
The company raised its dividend by 15% and repurchased approximately $1 billion of shares throughout 2024. Holding company cash ended at $2 billion and an RBC ratio of 430%.
No Additional LTC Capital Requirement
For the first time in many years, the Long-Term Care (LTC) business did not consume any capital, with expectations of not needing further capital contributions.
Continued Growth and Strategic Outlook for 2025
Unum expects earnings per share growth of 8% to 12% for 2025, with free cash flow generation projected between $1.3 billion and $1.6 billion.
Strong Operational Performance
Unum U.S. saw record absolute sales and growth of nearly 20% in Q4. Premium for core operations increased 3.6% in the quarter and finished up 5% for the year.
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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 |
|---|---|---|---|
| Feb 04, 2025 | $75.95 | $77.72 | +2.33% |
| Oct 29, 2024 | $61.29 | $64.03 | +4.47% |
| Jul 30, 2024 | $53.62 | $56.83 | +5.99% |
| Apr 30, 2024 | $49.69 | $50.84 | +2.31% |
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 Apr 29, 2025, TBA Not Confirmed.
What is Unum Group (UNM) earnings time?
Unum Group (UNM) earnings time is at Apr 29, 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 2025 (Q1) is 2.2.
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