Unum Group reports Q2 adjusted EPS $2.16, consensus $2.02

Reports Q2 revenue $3.23B, consensus $3.23B. “Our team delivered another strong quarter as we continued to execute against our growth strategy, with contributions from across the company and particularly strong results in our Group Life business. As a result of our better performance in the first half of 2024 and positive trends, we are increasing our full year after-tax adjusted operating earnings per share outlook to double digit growth,” said Richard P. McKenney, president and chief executive officer. “Reflecting on our strong performance, we have continued to invest in growth to help ensure we remain the preferred choice for our customers while consistently returning capital to our shareholders. In line with that, today, we announced a new $1 billion share repurchase program. As we enter the second half of the year, the environment for our business remains favorable, and we have the capabilities and solutions to expand our customer base, and build shareholder value.”