Aflac (AFL) Posts Q3 EPS of $1.32

Aflac (NYSE: AFL) reported Q3 EPS of $1.32, $0.16 worse than the analyst estimate of $1.48. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.17 billion.

Net earnings in the third quarter of 2015 included after-tax net realized investment losses of $88 million, or $.20 per diluted share, compared with net after-tax gains of $4 million, or $.01 per diluted share, a year ago. After-tax realized investment losses from impairments in the quarter were $89 million, or $.20 per diluted share. Investment losses for the quarter were primarily related to the impairment of a single holding. After-tax realized investment gains net of losses from securities transactions in the quarter were $17 million, or $.04 per diluted share. Hedging costs related to certain dollar investments of Aflac Japan on an after-tax basis were $18 million in the quarter, or $.04 per diluted share. Realized after-tax net investment gains from other derivative and hedging activities in the quarter were $2 million, or nil per diluted share. In addition, net earnings included an after-tax loss of $17 million, or $.04 per diluted share, from other and nonrecurring items.

For earnings history and earnings-related data on Aflac (AFL) click here.

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