CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Tuesday reported fourth-quarter earnings of $348.7 million.
The Chattanooga, Tennessee-based company said it had net income of $1.92 per share. Earnings, adjusted for non-recurring costs, came to $2.03 per share.
The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The insurance company posted revenue of $3.24 billion in the period. Its adjusted revenue was $3.23 billion, also missing Street forecasts. Eleven analysts surveyed by Zacks expected $3.28 billion.
For the year, the company reported profit of $1.78 billion, or $9.46 per share. Revenue was reported as $12.85 billion.
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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
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