CHATTANOOGA, Tenn. (AP) — CHATTANOOGA, Tenn. (AP) — Unum Group (UNM) on Thursday reported fourth-quarter profit of $174.1 million.
The Chattanooga, Tennessee-based company said it had profit of $1.04 per share. Earnings, adjusted for non-recurring costs, came to $1.92 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 $2.11 per share.
The insurance company posted revenue of $3.24 billion in the period. Its adjusted revenue was $3.23 billion, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $3.27 billion.
For the year, the company reported profit of $738.5 million, or $4.27 per share. Revenue was reported as $12.97 billion.
Unum expects full-year earnings in the range of $8.60 to $8.90 per share.
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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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