Aflac (AFL) Misses Q4 EPS

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Go back to Aflac (AFL) Misses Q4 EPS

Aflac Incorporated Announces Fourth Quarter Results, Reports 2016 Net Earnings of $2.7 Billion, 2016 Operating EPS In Line With Guidance, Affirms 2017 Outlook, Declares First Quarter Cash Dividend

January 31, 2017 4:19 PM EST

COLUMBUS, Ga., Jan. 31, 2017 /PRNewswire/ -- Aflac Incorporated today reported its fourth quarter results.

Reflecting the stronger yen/dollar exchange rate, total revenues increased 12.0% to $6.0 billion during the fourth quarter of 2016, compared with $5.3 billion in the fourth quarter of 2015. Net earnings were $751 million, or $1.84 per diluted share, compared with $730 million, or $1.71 per share, a year ago. 

Net earnings in the fourth quarter of 2016 included pretax net realized investment gains of $116 million, or $.29 per diluted share, compared with net pretax gains of $91 million, or $.22 per diluted share, a year ago. Pretax net realized gains from securities... More