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Unum Group Q2 Adjusted Operating Income, Sales Rise; Full-Year Guidance Lifted -- Shares Fall After Hours
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Unum Group Q2 Adjusted Operating Income, Sales Rise; Full-Year Guidance Lifted -- Shares Fall After Hours
Jul 30, 2024 2:20 PM

04:52 PM EDT, 07/30/2024 (MT Newswires) -- Unum Group ( UNM ) reported Q2 adjusted operating income late Tuesday of $2.16 per diluted share, up from $2.06 a year earlier.

Analysts polled by Capital IQ expected $2.02.

Revenue for the quarter that ended June 30 was $3.23 billion, up from $3.11 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.23 billion.

The company now expects growth in full-year 2024 adjusted operating income per share of 10% to 15% versus its prior guidance of 7% to 9%. Analysts surveyed by Capital IQ expect $8.25.

Shares of the company traded 5% lower in after-hours activity.

Price: 51.50, Change: -2.78, Percent Change: -5.12

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