For the quarter ended December 2022, Unum (UNM - Free Report) reported revenue of $3 billion, up 0.4% over the same period last year. EPS came in at $1.43, compared to $0.89 in the year-ago quarter.
The reported revenue represents a surprise of -0.04% over the Zacks Consensus Estimate of $3 billion. With the consensus EPS estimate being $1.46, the EPS surprise was -2.05%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Unum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Benefit Ratio - Unum US Group Life and Accidental Death: 78.2% versus 73.3% estimated by six analysts on average.
- Other Expense Ratio-U.S Group Life and AD&D: 13.5% versus the five-analyst average estimate of 12.15%.
- Other Expense Ratio-Colonial Life: 19.6% versus 19.16% estimated by four analysts on average.
- Benefit Ratio - Colonial Life Segment: 45% versus the four-analyst average estimate of 49.07%.
- Net Investment Income-Colonial Life: $37.30 million versus $38.87 million estimated by 18 analysts on average. Compared to the year-ago quarter, this number represents a -8.8% change.
- Net Investment Income-Unum International: $47.80 million versus the nine-analyst average estimate of $33.91 million. The reported number represents a year-over-year change of +26.1%.
- Adjusted Operating Revenue - Unum US Supplemental and Voluntary - Net Investment Income: $55.20 million versus the nine-analyst average estimate of $57.83 million. The reported number represents a year-over-year change of -6.9%.
- Total Premium Income-Unum International: $178.30 million versus the nine-analyst average estimate of $172.86 million. The reported number represents a year-over-year change of +0.5%.
- Total Premium Income-Unum U.S: $1.58 billion versus $1.58 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +3.4% change.
- Unum International-Adjusted Operating Revenue - Total: $226.30 million versus the nine-analyst average estimate of $206.84 million. The reported number represents a year-over-year change of +5.1%.
- Adjusted Operating Revenue - Unum US Supplemental and Voluntary - Total: $441.40 million versus $460.30 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a -2% change.
- Adjusted Operating Revenue - Unum US Supplemental and Voluntary - Other Income: $0.80 million compared to the $0.58 million average estimate based on nine analysts. The reported number represents a change of +700% year over year.
View all Key Company Metrics for Unum here>>>
Shares of Unum have returned +0.2% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2022, Unum (UNM - Free Report) reported revenue of $3 billion, up 0.4% over the same period last year. EPS came in at $1.43, compared to $0.89 in the year-ago quarter.
The reported revenue represents a surprise of -0.04% over the Zacks Consensus Estimate of $3 billion. With the consensus EPS estimate being $1.46, the EPS surprise was -2.05%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Unum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Unum here>>>
Shares of Unum have returned +0.2% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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