Aflac (AFL) Tops Q4 EPS by 8c, Affirms FY19 EPS Outlook

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Aflac Incorporated Announces Fourth Quarter Results, Reports Fourth Quarter Net Earnings of $525 Million, 2018 Adjusted EPS Exceeds Guidance, Affirms 2019 Adjusted EPS Outlook, Increases First Quarter

January 31, 2019 4:15 PM EST

COLUMBUS, Ga., Jan. 31, 2019 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its fourth quarter results.

Total revenues were $5.1 billion during the fourth quarter of 2018, compared with $5.4 billion in the fourth quarter of 2017. Net earnings were $525 million, or $0.69 per diluted share, compared with $2.6 billion, or $3.27 per diluted share a year ago. Net earnings for both the fourth quarter and full year of 2017 also included a $1.9 billion benefit from the U.S. Tax Cut and Jobs Act ("Tax Reform").

Net earnings in the fourth quarter of 2018 included pretax net realized investment... More