Unum Group (UNM) Misses Q1 EPS by 3c, Revenues Miss; Suspends FY20 Guidance

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Go back to Unum Group (UNM) Misses Q1 EPS by 3c, Revenues Miss; Suspends FY20 Guidance

Unum Group Reports First Quarter 2020 Results

May 4, 2020 4:15 PM EDT

CHATTANOOGA, Tenn., May 4, 2020 /PRNewswire/ -- Unum Group (NYSE: UNM) today reported net income of $161.0 million ($0.79 per diluted common share) for the first quarter of 2020, compared to net income of $280.9 million ($1.31 per diluted common share) for the first quarter of 2019.

Included in net income are net after-tax realized investment gains and losses on the Company's investment portfolio.  The Company reported a net after-tax realized investment loss of $113.1 million ($0.56 per diluted common share) in the first quarter of 2020, compared to a net after-tax realized investment gain on the Company's investment portfolio of $0.6... More