Unum Group (UNM) Tops Q2 EPS by 10c, Revenues Beat

Go back to Unum Group (UNM) Tops Q2 EPS by 10c, Revenues Beat

Unum Group Reports Second Quarter 2020 Results

July 28, 2020 4:15 PM EDT

CHATTANOOGA, Tenn., July 28, 2020 /PRNewswire/ -- Unum Group (NYSE: UNM) today reported net income of $265.5 million ($1.30 per diluted common share) for the second quarter of 2020, compared to net income of $281.2 million ($1.33 per diluted common share) for the second quarter of 2019.

Included in net income for the second quarter of 2020 is an after-tax impairment loss on the right-of-use (ROU) asset related to one of our operating leases for office space that we are no longer using to support our general operations of $10.0 million ($0.05 per diluted common share), as well as a net after-tax... More