Aflac Incorporated Announces First Quarter Results, Affirms 2018 Outlook, Declares Second Quarter Cash Dividend

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Aflac (AFL) Tops Q1 EPS by 8c, Affirms 2018 Outlook

April 25, 2018 4:30 PM EDT

Aflac (NYSE: AFL) reported Q1 EPS of $1.05, $0.08 better than the analyst estimate of $0.97. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.47 billion.

Excluding the impact of the stronger yen, adjusted earnings per diluted share increased 21.4% to $1.02.

OUTLOOK

Commenting on the company's results, Chairman and Chief Executive Officer Daniel P. Amos stated: "We are pleased with the company's overall performance for the first quarter. With respect to Aflac Japan's conversion to a subsidiary, I am very pleased that we completed this transaction on time and that... More