Aflac (AFL) Tops Q4 EPS by 5c

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Aflac Incorporated Announces Fourth Quarter Results, Reports Fourth Quarter 2017 Net Earnings of $2.4 Billion, Reports Estimated Impact of $1.7 Billion Tax Reform Benefit, 2017 Operating EPS In Line W

January 31, 2018 4:19 PM EST

COLUMBUS, Ga., Jan. 31, 2018 /PRNewswire/ -- Aflac Incorporated today reported its fourth quarter results.

Total revenues were $5.4 billion during the fourth quarter of 2017, compared with $6.0 billion in the fourth quarter of 2016. Net earnings were $2.4 billion, or $5.95 per diluted share, compared with $751 million, or $1.84 per diluted share a year ago. The increase in net earnings in the fourth quarter of 2017 reflects an estimated $1.7 billion benefit as a result of the recent U.S. Tax Cut and Jobs Act ("Tax Reform"). This estimated impact of... More