Unum Group (UNM) Misses Q3 EPS by 11c

Unum Group (NYSE: UNM) reported Q3 EPS of $1.21, $0.11 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3 billion.

"Financial performance remained solid in the third quarter, despite pressure from elevated mortality rates and unemployment levels," said Richard P. McKenney, president and chief executive officer. "Our team continues to deliver solid operational performance, adapting to best serve our customers in this extraordinary time. This environment reinforces the fundamental purpose for what we do in protecting employees and their families in time of need. We continue to be well-positioned to benefit from better business conditions as the economy improves and will continue to effectively manage through today's challenges."

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