Unum Group (UNM) Reports In-Line Q1 EPS

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Go back to Unum Group (UNM) Reports In-Line Q1 EPS

Unum Group Reports First Quarter 2017 Results

April 26, 2017 4:15 PM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016.

Net income includes net after-tax realized investment gains and losses on the Companys investment portfolio and also, in the first quarter of 2017, a loss from a guaranty fund assessment related to an unaffiliated insurer that was declared insolvent of $20.6 million before tax and $13.4 million after tax ($0.06 per diluted common share). The net after-tax realized... More