Unum Group (NYSE:UNM) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, UNM is expected to report 3Q20 income of $ 1.32 per share from revenue of $ 2995.82 million.
For the full year, analysts anticipate top line of $ 12000.70 million, while looking forward to income of $ 5.18 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 5.66 ~ $ 5.82 per share
Click Here For More Historical Outlooks Of Unum Group
Previous Quarter Performance
Unum Group posted income for the second quarter of $ 1.23 per share, from the revenue of $ 3,021.00 million. The quarterly earnings fell 9.56 percent while revenues down 0.10 percent compared with the same quarter last year.
Street analysts expected Unum Group to report income of $ 1.20 per share on revenue of $ 2949.81 million for the second quarter. The bottom line results beat street analysts by $ 0.03 or 2.50 percent, at the same time, top line results outshined analysts by $ 71.19 million or 2.41 percent.
Stock Performance
Shares of Unum Group traded up $ 0.38 or 1.93 percent on Friday, reaching $ 20.02 with volume of 2.26 million shares. Unum Group has traded high as $ 20.22 and has cracked $ 19.68 on the downward trend
According to the previous trading day, closing price of $ 20.02, representing a 105.01 % increase from the 52 week low of $ 9.58 and a 37.29 % decrease over the 52 week high of $ 31.32.
The company has a market capital of $ 4.08 billion and is part of the Financial Services sector and Insurance – Life industry.
Recent Analyst recommendations
- On 6th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 21.00 target price.
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.
