Unum Group (UNM) Tops Q1 EPS by 54c; Raises Outlook
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Unum Group Reports First Quarter 2022 Results
May 5, 2022 4:15 PM EDTNet income of $253.5 million ($1.25 per diluted common share) for the first quarter of 2022; after-tax adjusted operating income was $277.3 million ($1.36 per diluted common share).Results reflect improving trend in COVID-related mortality impacts, strong operating performance, and favorable sales and premium trends in core business segments.Strong balance sheet and liquidity with holding company liquidity of $1.3 billion and weighted average risk-based capital ratio of approximately 400 percent.Full-year 2022 outlook increased; after-tax adjusted operating income per share now expected to grow 15 percent to 20 percent relative to full-year 2021, compared to the previous... More
