Investing.com - Unum reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Unum announced earnings per share of $1.23 on revenue of $3.02B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $2.95B.
Unum shares are down 38% from the beginning of the year , still down 46.30% from its 52 week high of $33.20 set on July 31, 2019. They are under-performing the S&P 500 which is down 0.38% from the start of the year.
Unum shares gained 3.76% in after-hours trade following the report.
Unum follows other major Financial sector earnings this month
Unum's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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