Unum Group (UNM) Tops Q1 EPS by 22c

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Unum Group Reports First Quarter 2023 Results

May 2, 2023 4:15 PM EDT

Net income of $358.3 million ($1.80 per diluted common share) for the first quarter of 2023; after-tax adjusted operating income was $372.6 million ($1.87 per diluted common share).Full-year 2023 outlook increased following strong first quarter and underlying trends; Previous outlook of an increase in after-tax adjusted operating income per share of 8 percent to 12 percent increased to 20 percent to 25 percent when comparing to historically reported 2022 results, or an increase of 10 percent to 15 percent on a consistent basis under ASU 2018-12. Positive top-line trends with core operations sales... More