Life Insurers Post Mixed Q2 as Unum Revenue Falls 12.3%

Earnings

โดย Yahoo Finance·

Summary · why it matters

Life insurance stocks reported mixed second-quarter results, with the 12 companies tracked missing analysts' consensus revenue estimates by 8.2%. Unum Group posted revenue of $2.96 billion, down 12.3% year over year and 2% below expectations, while Horace Mann Educators was the best performer with revenue up 7.7% to $443.5 million. Brighthouse Financial was the weakest, with revenue down 2.4% to $2.10 billion and a significant miss on earnings per share. MetLife revenue rose 6.4% to $19.08 billion but lagged estimates by 2.2%, and Primerica revenue increased 8.5% to $863.4 million, meeting expectations. Share prices across the group have held relatively steady since the earnings reports.