Aflac (AFL) Tops Q3 EPS by 8c, Raises FY Guidance

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Go back to Aflac (AFL) Tops Q3 EPS by 8c, Raises FY Guidance

Aflac Incorporated Announces Third Quarter Results, Upwardly Revises 2016 Operating EPS Outlook, Increases Fourth Quarter Cash Dividend 4.9%

October 27, 2016 4:17 PM EDT

COLUMBUS, Ga., Oct. 27, 2016 /PRNewswire/ -- Aflac Incorporated today reported its third quarter results.

Reflecting the stronger yen/dollar exchange rate, total revenues increased 13.4% to $5.7 billion during the third quarter of 2016, compared with $5.0 billion in the third quarter of 2015. Net earnings were $629 million, or $1.53 per diluted share, compared with $567 million, or $1.32 per share, a year ago. 

Net earnings in the third quarter of 2016 included $25 million, or $.06 per diluted share, of after-tax net realized investment losses from securities transactions and impairments, compared with net after-tax losses of $72 million, or $.16 per diluted share, a year ago. Hedging... More