Unum: Q4 Earnings Snapshot
Unum Group (UNM) on Tuesday reported fourth-quarter net income of $279.6 million.
CHATTANOOGA, Tenn. (AP) _ Unum Group (UNM) on Tuesday reported fourth-quarter net income of $279.6 million.
The Chattanooga, Tennessee-based company said it had profit of $1.39 per share. Earnings, adjusted for one-time gains and costs, were $1.43 per share.
The results fell short of Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
The insurance company posted revenue of $3.01 billion in the period. Its adjusted revenue was $3 billion, which matched Street forecasts.
For the year, the company reported profit of $1.31 billion, or $6.50 per share. Revenue was reported as $12.01 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNM at https://www.zacks.com/ap/UNM