Aflac (AFL) Tops Q2 EPS by 21c

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Go back to Aflac (AFL) Tops Q2 EPS by 21c

Aflac Incorporated Announces Second Quarter Results, Reports Second Quarter Net Earnings of $805 Million, Declares Third Quarter Cash Dividend

July 28, 2020 4:15 PM EDT

COLUMBUS, Ga., July 28, 2020 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its second quarter results.

Total revenues were $5.4 billion in the second quarter of 2020, compared with $5.5 billion in the second quarter of 2019. Net earnings were $805 million, or $1.12 per diluted share, compared with $817 million, or $1.09 per diluted share a year ago.

Net earnings in the second quarter of 2020 included pretax net investment losses of $166 million, or $0.23 per diluted share, compared with pretax net investment losses of $33 million, or $0.04 per diluted share a year ago. The net investment losses were driven... More