Unum Group Q2 revenue eases past estimates on premium growth
UNM•Outlook
- Unum Group sees full-year 2026 after-tax adjusted operating income per share of $8.60-$8.90
- Company expects to close long-term care reinsurance transaction in the second half of 2026
Overview
- US workplace benefits provider's Q2 revenue beat analyst expectations
- Premium growth was 3.6% on a constant currency basis
- Company repurchased about $200 mln of shares in Q2
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Total Revenue | Beat | $3.37 bln | $2.96 bln (4 Analysts) |
| Q2 Net Income | $256.90 mln | ||
| Q2 Pretax Profit | $329.50 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 $100.00, about 15.7% above its July 27 closing price of $86.42
- The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago
