Aflac Incorporated Announces First Quarter Results, Reports First Quarter Net Earnings of $566 Million, Withdraws Annual Adjusted EPS Guidance, Declares Second Quarter Cash Dividend

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Aflac (AFL) Tops Q1 EPS by 11c, Withdraws Guidance

April 29, 2020 4:19 PM EDT

Aflac (NYSE: AFL) reported Q1 EPS of $1.21, $0.11 better than the analyst estimate of $1.10. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.5 billion.

OUTLOOK

Commenting on the company's results, Chairman and Chief Executive Officer Daniel P. Amos stated: "Throughout this incredibly challenging and unprecedented time prompted by the global COVID-19 pandemic, I am very appreciative of the flexibility, compassion and spirit of our management, employees, and sales agents. Their safety and health, along with that of our policyholders, is our greatest priority, and we strive each... More