30.04.2024 22:23:54 - dpa-AFX: Unum Group Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Unum Group (UNM) released a profit for its first
quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $395.2 million, or $2.04 per share. This
compares with $358.3 million, or $1.80 per share, in last year's first quarter.
Excluding items, Unum Group reported adjusted earnings of $409.9 million or
$2.12 per share for the period.
Analysts on average had expected the company to earn $1.97 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 5.3% to $3.20 billion from $3.04
billion last year.
Unum Group earnings at a glance (GAAP) :
-Earnings (Q1): $395.2 Mln. vs. $358.3 Mln. last year.
-EPS (Q1): $2.04 vs. $1.80 last year.
-Revenue (Q1): $3.20 Bln vs. $3.04 Bln last year.
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