* Aflac Inc reported quarterly adjusted earnings of $1.74 per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of $1.55. The mean expectation of fourteen analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.52 to $1.64 per share.
* Revenue rose 13.3% to $5.44 billion from a year ago; analysts expected $4.30 billion.
* Aflac Inc's reported EPS for the quarter was $3.25.
* The company reported quarterly net income of $1.88 billion.
* Aflac Inc shares had fallen by 1.5% this quarter and gained 2.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
* In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the life & health insurance peer group is also "hold"
Wall Street's median 12-month price target for Aflac Inc is $84.00 This summary was machine generated from LSEG data May 2 at 11:54 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 1.58 1.74 Beat
Dec. 31 2023 1.45 1.25 Missed
Sep. 30 2023 1.49 1.84 Beat
Jun. 30 2023 1.44 1.62 Beat
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