Aflac (AFL) Tops Q2 EPS by 8c, Updates Guidance

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Aflac Incorporated Announces Second Quarter Results, Upwardly Revises 2018 Adjusted EPS Outlook, Declares Third Quarter Cash Dividend

July 26, 2018 4:16 PM EDT

COLUMBUS, Ga., July 26, 2018 /PRNewswire/ -- Aflac Incorporated today reported its second quarter results.

Total revenues were $5.6 billion during the second quarter of 2018, compared with $5.4 billion in the second quarter of 2017. Net earnings were $832 million, or $1.07 per diluted share, compared with $713 million, or $.89 per diluted share a year ago.

Net earnings in the second quarter of 2018 included pretax net realized investment gains of $35 million, or $0.04 per diluted share, compared with pretax net losses of $19 million, or $0.02 per diluted share a year ago. Included in those net gains were $5 million of losses related to impairments... More