Unum Group Q4 Profit Increases, but misses estimates

Unum Group (UNM) reported a profit for its fourth quarter that increased from last year but missed the Street estimates.

The company's earnings totaled $279.6 million, or $1.39 per share. This compares with $159.7 million, or $0.78 per share, in last year's fourth quarter.

Excluding items, Unum Group reported adjusted earnings of $286.7 million or $1.43 per share for the period.

Analysts on average had expected the company to earn $1.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $3.01 billion from $2.98 billion last year.

Unum Group earnings at a glance (GAAP) :

-Earnings (Q4): $279.6 Mln. vs. $159.7 Mln. last year.
-EPS (Q4): $1.39 vs. $0.78 last year.
-Analyst Estimate: $1.47
-Revenue (Q4): $3.01 Bln vs. $2.98 Bln last year.

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