Unum Group (UNM) Misses Q3 EPS by 15c

Unum Group (NYSE: UNM) reported Q3 EPS of $1.03, ex-items, $0.15 worse than the analyst estimate of $1.18.

"Our solid core business performance in the third quarter was offset by elevated levels of COVID mortality among younger populations, where we have a greater presence as a leading provider of employee benefits. Overall, we saw steady growth in sales and premiums in line with our expectations," said Richard P. McKenney, president and chief executive officer. "Thanks to our strong capital position, we recently announced a new $250 million share repurchase authorization, which is coupled with investing in our business and returning capital to shareholders through dividends."

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

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