NYSE$UNM
Unum Group · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Unum Group reported strong Q3 2023 results driven by excellent execution and favorable market conditions.
Unum Group reported a net income of $202 million for Q3 2023. The results reflect continued strong execution, positive underlying trends, and a favorable environment, highlighted by robust disability margins and core operations premium growth. The company's capital deployment plans are on track and will accelerate in 2024.
- Net income was $202.0 million ($1.02 per diluted common share) for Q3 2023; after-tax adjusted operating income was $381.7 million ($1.94 per diluted common share).
- Core operations premium growth of 6.1 percent on a constant currency basis.
- Holding company liquidity was $1.2 billion and weighted average risk-based capital ratio was approximately 470 percent.
- New share repurchase authorization of $500 million beginning January 1, 2024.
Headline financials
Revenue & EPS history
Unum · Revenue · Quarterly
$3.09B
Revenue by segment
Unum · $2.3B total across 3 segments · Q3 2023
- Unum US$1.66B+6.3%72.1%
- Colonial Life$431M+1.9%18.8%
- Unum International$211M+21.5%9.2%
Forward guidance
Full-year 2023 outlook of an increase in after-tax adjusted operating income per share of 20 percent to 25 percent when comparing to historically reported 2022 results.
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 Q3 2023
+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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro