Aflac (AFL) Tops Q2 EPS by 3c, Offers Q3 Guidance
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Aflac Incorporated Announces Second Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares Third Quarter Cash Dividend
July 28, 2016 4:21 PM EDTCOLUMBUS, Ga., July 28, 2016 /PRNewswire/ --Â Aflac Incorporated today reported its second quarter results.
Reflecting the stronger yen/dollar exchange rate, total revenues rose 2.8% to $5.4 billion during the second quarter of 2016, compared with $5.3 billion in the second quarter of 2015. Net earnings were $548 million, or $1.32 per diluted share, compared with $573 million, or $1.32 per share, a year ago.Â
Net earnings in the second quarter of 2016 included $13 million, or $.03 per diluted share, of after-tax net realized investment losses from securities transactions and impairments, compared with net after-tax gains of $60 million, or $.14 per diluted share, a year ago. Hedging... More
