CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Monday reported third-quarter profit of $39.7 million.
On a per-share basis, the Chattanooga, Tennessee-based company said it had profit of 23 cents. Earnings, adjusted for non-recurring costs, were $2.09 per share.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.15 per share.
The insurance company posted revenue of $3.38 billion in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $3.3 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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