Unum Group (UNM) Tops Q4 EPS by 5c
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Unum Group Reports Fourth Quarter 2017 Results
January 31, 2018 4:15 PM ESTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Unum Group (NYSE: UNM) today reported net income of $266.9 million ($1.19 per diluted common share) for the fourth quarter of 2017, compared to net income of $248.0 million ($1.07 per diluted common share) for the fourth quarter of 2016.
Included in net income for the fourth quarter of 2017 are impacts related to the U.S. tax reform bill enacted on December 22, 2017. The revaluation of our net deferred tax liabilities at the newly enacted rate of 21 percent resulted in a tax benefit of $97.9 million ($0.44 per diluted common share), and the one-time tax on undistributed... More
