Unum Gr Q4 Adj EPS $1.79 Misses $1.86 Estimate, Sales $3.15B Beat $3.14B Estimate
Portfolio Pulse from bharat@benzinga.com
Unum Group (NYSE:UNM) reported Q4 adjusted earnings per share (EPS) of $1.79, missing the consensus estimate of $1.86 by 3.76%. However, the company saw a 25.17% increase in EPS compared to last year's $1.43. Quarterly sales were $3.15B, slightly surpassing the estimate of $3.14B by 0.03% and marking a 4.62% increase from the previous year's $3.01B.

January 30, 2024 | 9:17 pm
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NEUTRAL IMPACT
Unum Group's Q4 earnings missed EPS estimates but exceeded sales forecasts, indicating mixed financial performance.
The EPS miss may concern investors looking for profitability, potentially putting downward pressure on the stock. However, the sales beat and year-over-year growth could offset this, suggesting a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100