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Dec 31, 2019

Unum Q4 2019 Earnings Report

Reported solid results driven by healthy profit margins from steady premium growth, stable benefits experience, and expense management.

Key Takeaways

Unum Group reported net income of $296.2 million for the fourth quarter of 2019, compared to $249.1 million for the fourth quarter of 2018. After-tax adjusted operating income was $290.7 million, compared to $281.7 million in the fourth quarter of 2018.

Net income for the fourth quarter of 2019 was $296.2 million ($1.44 per diluted common share).

After-tax adjusted operating income was $290.7 million ($1.41 per diluted common share) in the fourth quarter of 2019.

Premium income increased to $2,352.6 million in the fourth quarter of 2019.

The Company expects after-tax adjusted operating income growth per share for full-year 2020 to be within the range of 4 percent to 7 percent.

Total Revenue
$3.04B
Previous year: $2.88B
+5.3%
EPS
$1.41
Previous year: $1.3
+8.5%
Shares Outstanding
202.9M
Book Value per Share
$49.1
Previous year: $40.2
+22.2%
Gross Profit
$11.7B
Previous year: $11.4B
+3.2%
Cash and Equivalents
$84.1M
Previous year: $94M
-10.5%
Free Cash Flow
$441M
Previous year: $405M
+9.1%
Total Assets
$67B
Previous year: $61.9B
+8.3%

Unum

Unum

Unum Revenue by Segment

Forward Guidance

The Company expects after-tax adjusted operating income growth per share for full-year 2020 to be within the range of 4 percent to 7 percent.

Revenue & Expenses

Visualization of income flow from segment revenue to net income