CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Tuesday reported second-quarter earnings of $392.9 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had net income of $1.98. Earnings, adjusted for investment costs, were $2.06 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.87 per share.
The insurance company posted revenue of $3.11 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $3.07 billion.
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