Unum (UNM) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.91%. A quarter ago, it was expected that this insurance company would post earnings of $2.02 per share when it actually produced earnings of $2.16, delivering a surprise of 6.93%.Over the last four quarters, the company has ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Unum (UNM) , which belongs to the Zacks Insurance - Accident and Health industry.This insurance company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 7.27%.For the last reported quarter, Unum came out with earnings of $2.16 per s ...

Unum Group (UNM) is slated to report third-quarter 2024 earnings on Oct. 29, after market close. The insurer’s earnings beat estimates in three of the last four reported quarters and missed in one.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Factors to NotePremium in the third quarter is likely to have benefited from favorable persistency and higher prior period sales in each of the principal operating segments. The Zacks Consensus Estimate is pegged at $2.6 billion, indicating a ...

Core Viewpoint - Unum (UNM) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the upcoming earnings report expected on October 29, 2024 [1] Earnings Estimates - The consensus estimate for Unum's quarterly earnings is $2.08 per share, reflecting a year-over-year increase of +7.2% [2] - Expected revenues for the quarter are $3.25 billion, which is a 4% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [3] Earnings Surprise Prediction - The Zacks Earnings ESP model shows that Unum's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.52%, suggesting a bullish outlook from analysts [4][6] - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] Historical Performance - In the last reported quarter, Unum exceeded the expected earnings of $2.02 per share by delivering $2.16, resulting in a surprise of +6.93% [8] - Over the past four quarters, Unum has beaten consensus EPS estimates three times [8] Conclusion - Unum is positioned as a compelling candidate for an earnings beat, although other factors should also be considered when evaluating the stock ahead of its earnings release [9]

Unum Group (UNM) shares are trading at a discount to the Zacks Accident and Health Insurance industry. Its forward price-to-book value of 1.07X is lower than the industry average of 1.94X, the Finance sector's 3.62X and the Zacks S&P 500 composite's 8.62X. It has a Value Score of A. The company has a market capitalization of $11.22 billion. The average volume of shares traded in the last three months was 1.2 million. Image Source: Zacks Investment Research The stock remains attractively valued compared with ...

CHATTANOOGA, Tenn., Sept. 30, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) will release its third quarter 2024 results on October 29, 2024, at approximately 4:15 p.m. ET. The earnings release and financial supplement will be available in the investors section of the company's website, which can be directly accessed at https://investors.unum.com. Members of Unum Group's senior management will host a conference call on October 30, 2024, at 8:00 a.m. ET to discuss third quarter operations results. Topics may in ...

Group 1 - Unum Group (NYSE: UNM) shares have shown solid performance over the past year, recovering from a sell-off in late 2023 [1] - The company has successfully avoided contributing additional capital to its "closed block" business this year, which has positively impacted its stock performance [1] Group 2 - The article does not provide specific financial metrics or detailed analysis of the company's performance beyond the general recovery and capital contribution avoidance [1]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4] - Value Score emphasizes finding undervalued stocks using financial ratios [3] - Growth Score assesses a company's financial health and future growth potential [3] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [4] - VGM Score combines the three Style Scores to highlight stocks with attractive value, growth, and momentum characteristics [4] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6] - There are over 800 stocks rated 1 and 2, which can make selection challenging for investors [6] Investment Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [7] - Stocks with lower ranks, even with high Style Scores, may still face declining earnings forecasts, increasing the risk of price drops [8] Company Spotlight: Unum (UNM) - Unum operates in the insurance sector, providing various insurance products and services [9] - Currently rated 3 (Hold) with a VGM Score of B, UNM has a Value Style Score of A, indicating strong valuation metrics [10] - The company has seen 11 analysts revise earnings estimates higher for fiscal 2024, with the consensus estimate rising by $0.23 to $8.48 per share [10] - UNM's average earnings surprise stands at 3%, making it a noteworthy option for investors [10]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional va ...

Shares of Unum Group (UNM) closed at $54.36 on Monday, near its 52-week high of $58.17. This proximity underscores investor confidence. It has the ingredients for further price appreciation. Technical indicators for Unum Group show that the stock is trading above its 50-day and 200-day moving averages, signaling strong upward momentum. Earnings of UNM grew 9% in the last five years, better than the industry average of 3.8%. The accident and health insurer has a solid surprise history. It surpassed earnings ...