Unum Gr Q3 2024 Adj. EPS $2.13 Beats $2.10 Estimate, Sales $3.217B Miss $3.259B Estimate
Portfolio Pulse from Benzinga Newsdesk
Unum Group (NYSE:UNM) reported Q3 2024 earnings per share of $2.13, surpassing the analyst estimate of $2.10. However, its sales of $3.217 billion fell short of the expected $3.259 billion, despite a 4.01% increase from the previous year.
October 29, 2024 | 8:26 pm
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Unum Group's Q3 2024 earnings per share exceeded expectations, but sales fell short. The EPS of $2.13 beat the $2.10 estimate, while sales of $3.217 billion missed the $3.259 billion forecast.
The earnings per share beat indicates strong profitability, which is positive for the stock. However, the sales miss suggests potential challenges in revenue growth, creating a mixed outlook. This could lead to short-term volatility in the stock price as investors weigh the positive EPS against the sales miss.
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IMPORTANCE 80
RELEVANCE 100