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Unum quarterly net income falls 9%

SAN FRANCISCO (MarketWatch) — Unum Group said late Wednesday that first-quarter net income came in at $163.1 million, or 46 cents a share, down 9% from a year earlier when the disability insurer made $178.3 million, or 51 cents a share. Income from continuing operations, which excludes net realized investment gains and losses and other items, was $207.8 million, or 59 cents a share, the company reported. Unum was expected to make 57 cents a share, according to the average estimate of 14 analysts in a FactSet survey. The insurer said it expects operating earnings for 2008 to be between $2.37 and $2.42 a share, up from a previous forecast.
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Original post by Forextvblog

This entry was posted on Wednesday, April 30th, 2008 at 4:32 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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