Aflac (AFL) Misses Q2 EPS by 2c

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Go back to Aflac (AFL) Misses Q2 EPS by 2c

Aflac Incorporated Announces Second Quarter Results, Declares Third Quarter Cash Dividend, Upwardly Revises 2015 Operating EPS Target to 4% to 7%, Aflac Japan Third Sector Sales up 25%

July 28, 2015 4:12 PM EDT

COLUMBUS, Ga., July 28, 2015 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its second quarter results.

Reflecting the weaker yen/dollar exchange rate, total revenues decreased 9.4% to $5.3 billion during the second quarter of 2015, compared with $5.8 billion in the second quarter of 2014. Net earnings were $573 million, or $1.32 per diluted share, compared with $810 million, or $1.78 per share, a year ago. 

Net earnings in the second quarter of 2015 included after-tax net realized investment gains of $68 million, or $.16 per diluted share, compared with net after-tax gains of $60 million, or $.13 per diluted share, a year ago.... More