Unum posts higher Q2 revenue

Unum

29/07/2025 21:29

Overview

Unum Q2 2025 revenue largely in line with analyst expectations, per LSEG data, driven by premium growth in co's capital-efficient, high-return businesses

Net income for Q2 2025 declines to $335.6 mln from $389.5 mln yr/yr

Co revises full-year 2025 after-tax adjusted operating income per share outlook

Outlook

Company revises full-year 2025 after-tax adjusted operating income per share outlook to $8.50

Revises full year share repurchase expectation to the top end of co's outlook range of $500 million to $1.0 billion

Company confident in executing growth strategy with strong capital position

Result Drivers

PREMIUM GROWTH - Unum reports 4.6% premium growth on a constant currency basis, driven by core operations

REINSURANCE TRANSACTION - Successfully closed long-term care reinsurance transaction, reducing exposure to closed block

CAPITAL MANAGEMENT - Repurchased $300 mln of shares in Q2, revising full-year repurchase expectation to $500 mln to $1 bln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Meet
$3.36 bln
$3.34 bln (7 Analysts)
Q2 EPS
$1.92
Q2 Net Income
$335.60 mln
Q2 Adjusted Operating Income
$361.10 mln
Q2 Pretax Profit
$417 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 $95.50, about 16.1% above its July 28 closing price of $80.08

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw2bpQg4a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)