Unum Group (UNM) Reports In-Line Q1 EPS

Unum Group (NYSE: UNM) reported Q1 EPS of $1.31, in-line with the analyst estimate of $1.31. Revenue for the quarter came in at $2.99 billion versus the consensus estimate of $3 billion.

“The first quarter was a very good start to 2019, with results consistent with our growth expectations for the year. Our core business segments continue to demonstrate the positive operating trends we have seen over the past several quarters, with solid premium growth and stable benefits experience driving strong margins and cash generation,” said Richard P. McKenney, president and chief executive officer. "Our strong financial position allows us to continue to execute on our strategy of growing our existing business, investing in our operations, and expanding our reach, while consistently returning capital to our shareholders.”

Outlook

The Company continues to expect after-tax adjusted operating income growth per share for full-year 2019 to be within the range of 4 percent to 7 percent.

For earnings history and earnings-related data on Unum Group (UNM) click here.

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