earnings
confidence high
sentiment positive
materiality 0.80
Unum Q3 adjusted EPS $1.51, up 47% YoY; reaffirms FY22 adj EPS growth guidance 40-45%
Unum Group
2022-Q3 EPS reported
$5.11
revenue$8,985,300,000
- Net income $410.7M ($2.04 diluted EPS), up from $328.6M ($1.60) in Q3 2021.
- After-tax adjusted operating income $303.7M ($1.51 EPS) vs $210.5M ($1.03); core sales growth 14.1%.
- Unum US segment adjusted op income $275M, up 210.7% YoY, driven by lower COVID claims in group disability and group life.
- Book value per share $43.49 (down 20% due to AOCI); ex-AOCI BVPS $59.23 (up 10%).
- Holding company liquidity $1.1B, RBC ratio ~415%; repurchased 1.2M shares for $42.6M in Q3.