Unum (UNM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Unum Group stock rallies on improved premium income, higher sales, strong persistency, favorable benefits experience and effective capital deployment.
Unum Group shares have surged over 50% in the past year, driven by strong core business performance and favorable long-term care exposure developments. The reinsurance deal with Fortitude Re reduced Unum's LTC risk by 20%, providing a $100 million benefit and improving capital allocation. Unum's core business continues to perform well, with solid premium growth and a strong investment portfolio, despite some pressure in the dental and vision segments.
Unum Group stock rallies on improved premium income, higher sales, strong persistency, favorable benefits experience, as well as effective capital deployment.
Unum (UNM) reported earnings 30 days ago. What's next for the stock?
UNM reinsures long-term care reserves and cede multi-life individual disability insurance business to Fortitude Re to focus on higher-returning core businesses.
Does Unum (UNM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
UNM's fourth-quarter results reflect continued strong operating performance, favorable benefit experience, premium growth and increased sales in Unum U.K.
Unum Group (NYSE:UNM ) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Matt Royal - Senior Vice President, Head of Investor Relations and Treasury Rick McKenney - President and Chief Executive Officer Steve Zabel - Chief Financial Officer Chris Pyne - Executive Vice President, Group Benefits Tim Arnold - Executive Vice President, Voluntary Benefits & President-Colonial Life Conference Call Participants Tom Gallagher - Evercore ISI Elyse Greenspan - Wells Fargo Wes Carmichael - Autonomous Research Joel Hurwitz - Dowling & Partners John Barnidge - Piper Sandler Ryan Krueger - KBW Alex Scott - Barclays Suneet Kamath - Jeffries Josh Shanker - Bank of America Mark Hughes - Truist Securities Jack Matten - BMO Capital Markets Jimmy Bhullar - JPMorgan Michael Ward - UBS Operator Hello and welcome to Unum Group Fourth Quarter 2025 Results and 2025 Outlook Conference Call. Please note that this call is being recorded.
The headline numbers for Unum (UNM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Unum (UNM) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.79 per share a year ago.