Unum Group reports Q1 adjusted EPS $2.12, consensus $1.97

Reports Q1 revenue $3.2B, consensus $3.21B. “We are very pleased with our first quarter performance, which represents a very strong start to the year,” said Richard McKenney, president and chief executive officer. “Our businesses generated healthy core premium growth and delivered particularly strong performance overall in our Group Disability and Group Life businesses. We also executed against our capital deployment strategy, returning additional capital to our shareholders through increased share repurchases and approval of a 15 percent increase to our dividend. Looking ahead, we are well positioned for a strong 2024. Market conditions remain favorable, and we continue to see strong demand for our digital capabilities. Coupled with the strength of our balance sheet, we are well positioned to continue executing on our growth strategy and creating value for our shareholders.”