Disability insurer Unum Group's Q3 EPS misses estimates
Overview
Unum Q3 2025 revenue beats analyst expectations, adjusted EPS misses estimates
Net income for Q3 2025 was $39.7 mln, down from $645.7 mln in Q3 2024
Company completed GAAP reserve updates, resulting in a $377.8 mln net reserve increase
Outlook
Company expects fourth-quarter adjusted operating earnings to be reduced by $0.10 per share
Result Drivers
PREMIUM GROWTH - Core operations saw 2.9% premium growth on a constant currency basis
RESERVE ASSUMPTION UPDATES - GAAP reserve assumption updates resulted in a net reserve increase of $377.8 mln
CAPITAL RETURN - Unum returned approximately $980 mln to shareholders year-to-date, including share repurchases and dividends
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $3.37 bln | $3.32 bln (6 Analysts) |
Q3 Adjusted EPS | Miss | $2.09 | $2.14 (12 Analysts) |
Q3 Net Income | $39.7 mln | ||
Q3 Adjusted Operating Income | $357.10 mln | ||
Q3 Pretax Profit | $54.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the life & health insurance peer group is "buy"
Wall Street's median 12-month price target for Unum Group is $91.00, about 19.3% above its October 31 closing price of $73.42
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release:
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