Unum

UNM

Market cap $11.7B

Unum's stock price has been on a strong march higher over the past five years, but the insurer finished 2025 on a weak note. There's room for it to outperform its guidance on premium growth.

Unum Group (UNM) Presents at UBS Financial Services Conference 2026 Transcript

Unum Group (UNM) Q4 2025 Earnings Call Transcript

UNM Q4 earnings and revenues miss estimates as segment profits fall, but premiums rise 2% year over year amid higher benefits and expenses.

Unum Group remains a 'buy' despite Q4 earnings miss and persistent underwriting weakness, as current valuation reflects downside risks. UNM's core business faces margin compression from higher claims and increased competition, with management guiding to lower-than-consensus EPS for 2024. The Closed Block legacy unit is excluded from valuation, as its equity is unlikely to generate shareholder value for years.

While the top- and bottom-line numbers for Unum (UNM) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Unum (UNM) came out with quarterly earnings of $1.92 per share, missing the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $2.03 per share a year ago.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $174.1 million ($1.04 per diluted common share) for the fourth quarter of 2025, compared to net income of $348.7 million ($1.92 per diluted common share) for the fourth quarter of 2024. Included in net income for the fourth quarter of 2025 is the after-tax amortization of the cost of reinsurance of $38.6 million ($0.23 per diluted common share), the after-tax amortization of the deferred gain on reinsurance.

Beyond analysts' top-and-bottom-line estimates for Unum (UNM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2025.

UNM is set to report Q4 results on Feb. 5, with consensus projecting revenues of $3.3B and EPS of $2.11 despite pressure on investment income.