Unum Group (UNM) Misses Q4 EPS by 90c
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Unum Group Reports Fourth Quarter 2021 Results
February 1, 2022 4:15 PM ESTCHATTANOOGA, Tenn., Feb. 1, 2022 /PRNewswire/ --Â Unum Group (NYSE: UNM) today reported net income of $159.7 million ($0.78 per diluted common share) for the fourth quarter of 2021, compared to net income of $135.4 million ($0.66 per diluted common share) for the fourth quarter of 2020.
Included in net income for the fourth quarter of 2021 is the amortization of the after-tax cost of reinsurance of $15.5 million ($0.08 per diluted common share), as well as a net after-tax investment loss on the Company's investment portfolio of $6.8 million ($0.03 per diluted common share). Included in net income for the... More
