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

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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