What's in the Cards for Unum Group This Earnings Season?

Core Insights - Unum Group (UNM) is expected to report second-quarter 2025 earnings on July 29, with anticipated improvements in both revenue and earnings compared to the previous year [1][2] - The Zacks Consensus Estimate for UNM's first-quarter revenues is $3.32 billion, reflecting a 2.4% growth year-over-year [1] - The consensus estimate for earnings is $2.23 per share, indicating a year-over-year increase of 3.2% despite a recent downward adjustment of 8 cents in the past 30 days [2] Earnings Prediction Model - The current Earnings ESP for UNM is -0.79%, as the Most Accurate Estimate of $2.21 is lower than the Zacks Consensus Estimate of $2.23, indicating uncertainty in predicting an earnings beat [3] - UNM holds a Zacks Rank of 3, suggesting a hold position [4] Factors Influencing Q2 Results - Premium income is projected at $2.7 billion, representing a 3% increase from the previous year, driven by favorable persistency and improved sales across operating segments [5] - Net investment income is estimated at $543.7 million, supported by higher miscellaneous investment income and increased invested assets, compared to the Zacks Consensus Estimate of $524 million [6] - Performance in Unum U.S. and Colonial Life is expected to benefit from higher premium income and improved benefit experiences across various product lines [7] Segment Revenue Estimates - Unum US operating revenues are estimated at $2 billion, while Colonial Life is projected at $501 million [8] - Unum International is expected to generate $290.2 million in operating revenues, benefiting from expansion and improved performance in its product lines [8] Expense Considerations - Total benefits and expenses are anticipated to reach $2.8 billion, influenced by increased policy benefits, commissions, and other costs [10] - Continued share buybacks are likely to positively impact the bottom line [10]