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Unum's Earnings: A Preview

Benzinga Insights
·2 min read

Unum (NYSE: UNM) announces its next round of earnings this Tuesday, October 27. Here is Benzinga's everything-that-matters guide for this Tuesday's Q3 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect Unum's EPS to be near $1.32 on sales of $3.00 billion. In the same quarter last year, Unum reported EPS of $1.36 on revenue of $2.96 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on UNM

If the company were to report earnings in line when it publishes results Tuesday, earnings would be down 2.94%. Sales would be up 1.35% from the same quarter last year. Here is how the Unum's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q2 2020

Q1 2020

Q4 2020

Q3 2019

EPS Estimate

1.19

1.38

1.38

1.37

EPS Actual

1.23

1.35

1.41

1.36

Revenue Estimate

2.95 B

3.05 B

3.02 B

3.02 B

Revenue Actual

3.02 B

2.87 B

3.04 B

2.96 B

Stock Performance

Shares of Unum were trading at $20.03 as of October 23. Over the last 52-week period, shares are down 32.2%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Unum is scheduled to hold the call at 08:00:00 ET and can be accessed here.

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