WASHINGTON (dpa-AFX) - Unum Group (UNM) announced a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.
The company's bottom line totaled $348.7 million, or $1.93 per share. This compares with $330.6 million, or $1.70 per share, last year.
Excluding items, Unum Group reported adjusted earnings of $368.9 million or $2.03 per share for the period.
Analysts on average had expected the company to earn $2.14 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.9% to $3.236 billion from $3.145 billion last year.
Unum Group earnings at a glance (GAAP) :
-Earnings: $348.7 Mln. vs. $330.6 Mln. last year. -EPS: $1.93 vs. $1.70 last year. -Revenue: $3.236 Bln vs. $3.145 Bln last year.
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