Shares of Unum Group (UNM) soared 5.26% on Tuesday after the insurance company reported better-than-expected earnings for the third quarter of 2024.
For the quarter ended September 30, Unum posted adjusted earnings per share of $2.13, surpassing the consensus Wall Street estimate of $2.10. However, revenue of $3.22 billion came in slightly below expectations of $3.26 billion. The company reported net income of $645.7 million for the quarter.
The earnings beat appears to have fueled investor optimism in Unum's prospects, driving the stock higher. While revenue fell short of forecasts, the company's ability to exceed profit expectations likely boosted confidence in its operational efficiency and cost management. Analysts have an overall "buy" rating on the stock, with a median 12-month price target of $68.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。