Aflac Incorporated Announces Third Quarter Results, Affirms EPS Outlook, Declares Fourth Quarter Cash Dividend
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October 26, 2018 6:58 AM EDT
RBC Capital analyst Mark Dwelle lowered the price target on AFLAC (NYSE: AFL) to $40.00 (from $42.00) while maintaining a Underperform rating.
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October 24, 2018 4:12 PM EDT
Aflac (NYSE: AFL) reported Q3 EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.45 billion.
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Commenting on the company's results, Chairman and Chief Executive Officer Daniel P. Amos stated: "We are pleased that our third quarter results in both Japan and the United States reflected solid performance overall and advanced our progress toward achieving the company's objectives for 2018.
"Aflac Japan, our largest earnings contributor, generated strong financial results for the quarter and first nine months of the... More
