NYSE$UNM
Unum Group · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Unum Group reported strong second quarter results, driven by positive investment returns and improved COVID dynamics.
Unum Group reported a net income of $182.9 million for the second quarter of 2021. The results reflect an improving trend in mortality, strong returns in the alternative invested asset portfolio, and strengthening macroeconomic conditions. The company increased its full-year 2021 outlook, now expecting after-tax adjusted operating income per share to decline 1% to 3% relative to full-year 2020.
- Net income for Q2 2021 was $182.9 million ($0.89 per diluted common share); after-tax adjusted operating income was $286.2 million ($1.39 per diluted common share).
- Results reflect improving trend in mortality, strong returns in alternative invested asset portfolio, and strengthening macroeconomic conditions.
- Strong balance sheet and liquidity with holding company cash of $1.7 billion; weighted average risk-based capital ratio of approximately 375 percent.
- Full-year 2021 outlook increased; after-tax adjusted operating income per share now expected to decline 1 percent to 3 percent relative to full-year 2020, compared to an expected decline of 5 percent to 6 percent previously.
Headline financials
Revenue & EPS history
Unum · Revenue · Quarterly
$2.99B
Revenue by segment
Unum · $2.13B total across 3 segments · Q2 2021
- Unum US$1.52B-0.0%71.6%
- Colonial Life$420M-4.3%19.7%
- Unum International$184M+16.8%8.6%
Forward guidance
The Company expects a decline of approximately 1 percent to 3 percent in after-tax adjusted operating income per share for full-year 2021 relative to full-year 2020.
Tailwinds
- Improved full-year 2021 outlook.
- Strong second quarter performance.
- Revised expectations for COVID impacts in the second half of the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.0%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+2.1%
Avg return
30 days after
53%
38 / 72 earnings
Positive
+12.6%
Q2 2022
Best reaction
-17.8%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.5% | +3.0% | +7.0% | |
| Q4 2025 | -1.5% | -5.6% | -2.8% | |
| Q3 2025 | +7.3% | +7.2% | +0.6% | |
| Q1 2025 | -2.0% | -0.7% | +3.1% | |
| Q4 2024 | +2.3% | +0.8% | +4.1% | |
| Q3 2024 | +4.1% | +3.7% | +24.6% | |
| Q2 2024 | +7.5% | +0.7% | +3.3% | |
| Q1 2024 | +1.7% | +1.2% | +3.9% | |
| Q4 2023 | +2.9% | +0.7% | +5.2% | |
| Q3 2023 | -12.9% | -10.6% | -11.8% | |
| Q2 2023 | +1.2% | +3.5% | +1.2% | |
| Q1 2023 | +4.9% | +5.6% | +3.9% | |
| Q4 2022 | +5.4% | +1.1% | +9.4% | |
| Q3 2022 | -1.5% | -1.0% | -8.0% | |
| Q2 2022 | +12.6% | +12.5% | +18.8% | |
| Q1 2022 | +12.2% | +9.0% | +12.1% | |
| Q4 2021 | +1.5% | +6.9% | +12.6% | |
| Q3 2021 | -0.0% | +0.4% | -12.3% | |
| Q2 2021 | -8.7% | -2.1% | -2.5% | |
| Q1 2021 | +4.4% | +5.4% | +9.2% | |
| Q4 2020 | -3.0% | -0.8% | +19.7% | |
| Q3 2020 | -13.9% | -8.2% | +20.5% | |
| Q2 2020 | +0.5% | -4.8% | +4.1% | |
| Q1 2020 | -8.0% | -5.9% | +2.2% | |
| Q4 2019 | +11.8% | +9.0% | -20.3% | |
| Q3 2019 | -4.0% | +0.1% | +7.2% | |
| Q2 2019 | -1.7% | -8.6% | -21.8% | |
| Q1 2019 | -1.7% | -0.4% | -11.8% | |
| Q4 2018 | +5.1% | +0.9% | +3.8% | |
| Q3 2018 | -3.7% | -3.8% | -2.1% | |
| Q2 2018 | +2.4% | -6.1% | -6.4% | |
| Q1 2018 | -17.8% | -17.6% | -19.8% | |
| Q4 2017 | -0.7% | -6.0% | -8.4% | |
| Q3 2017 | +0.2% | -0.8% | +2.4% | |
| Q2 2017 | +3.3% | +4.3% | +0.7% | |
| Q1 2017 | -0.6% | -1.1% | -4.4% | |
| Q4 2016 | +1.0% | +3.4% | +8.0% | |
| Q3 2016 | +2.6% | +0.3% | +21.6% | |
| Q2 2016 | +2.7% | +1.0% | +6.3% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | -5.7% | — | — | |
| Q3 2015 | +5.0% | — | — | |
| Q2 2015 | -2.0% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | +1.4% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q4 2013 | +3.6% | — | — | |
| Q3 2013 | +3.4% | — | — | |
| Q2 2013 | -5.0% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q4 2012 | +4.0% | — | — | |
| Q3 2012 | +0.5% | — | — | |
| Q2 2012 | -1.0% | — | — | |
| Q1 2012 | -3.6% | — | — | |
| Q3 2011 | -3.9% | — | — | |
| Q2 2011 | -2.1% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q2 2010 | -3.7% | — | — | |
| Q1 2009 | -3.9% | — | — | |
| Q1 2010 | +1.8% | — | — | |
| Q4 2007 | +2.6% | — | — | |
| Q3 2009 | -4.9% | — | — | |
| Q3 2008 | -4.9% | — | — | |
| Q2 2008 | +0.9% | — | — | |
| Q4 2008 | +0.9% | — | — | |
| Q2 2009 | +0.9% | — | — |
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