Unum (UNM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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]