Unum: 4Q Earnings Snapshot

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CHATTANOOGA, Tenn. (AP) _ Unum Group (UNM) on Thursday reported fourth-quarter earnings of $135.4 million.

On a per-share basis, the Chattanooga, Tennessee-based company said it had net income of 66 cents. Earnings, adjusted for non-recurring costs, came to $1.15 per share.

The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The insurance company posted revenue of $4.27 billion in the period. Its adjusted revenue was $2.97 billion, beating Street forecasts. Eleven analysts surveyed by Zacks expected $2.93 billion.

For the year, the company reported profit of $793 million, or $3.89 per share. Revenue was reported as $11.96 billion.

Unum shares have climbed almost 8% since the beginning of the year, while the Standard & Poor's 500 index has climbed 3%. In the final minutes of trading on Thursday, shares hit $24.69, a drop of 11% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNM at https://www.zacks.com/ap/UNM