Aflac Incorporated Announces First Quarter Results, Reports First Quarter Net Earnings of $1.3 Billion, Declares Second Quarter Cash Dividend

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Go back to Aflac Incorporated Announces First Quarter Results, Reports First Quarter Net Earnings of $1.3 Billion, Declares Second Quarter Cash Dividend

Aflac (AFL) Tops Q1 EPS by 31c, Revenues Beat

April 28, 2021 4:12 PM EDT

Aflac (NYSE: AFL) reported Q1 EPS of $1.53, $0.31 better than the analyst estimate of $1.22. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.54 billion.

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Commenting on the company's results, Chairman and Chief Executive Officer Daniel P. Amos stated: "While earnings are off to a strong start for the year, they are largely supported by low benefit ratios associated with pandemic conditions. In addition, pandemic conditions in the first quarter continued to impact our sales results both in the United States and Japan, as well as earned premium and... More