Unum Group (UNM) Misses Q3 EPS by 11c

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Unum Group Reports Third Quarter 2020 Results

October 27, 2020 4:15 PM EDT

CHATTANOOGA, Tenn., Oct. 27, 2020 /PRNewswire/ -- Unum Group (NYSE: UNM) today reported net income of $231.1 million ($1.13 per diluted common share) for the third quarter of 2020, compared to net income of $242.0 million ($1.16 per diluted common share) for the third quarter of 2019.

Included in net income for the third quarter of 2020 are after-tax costs related to an organizational design update of $18.6 million ($0.09 per diluted common share), as well as a net after-tax realized investment gain on the Company's investment portfolio of $3.8 million ($0.01 per diluted common share).  Included in net income for the... More