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

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

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

April 28, 2021 4:05 PM EDT

COLUMBUS, Ga., April 28, 2021 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its first quarter results.

Total revenues were $5.9 billion in the first quarter of 2021, compared with $5.2 billion in the first quarter of 2020. Net earnings were $1.3 billion, or $1.87 per diluted share, compared with $566 million, or $0.78 per diluted share a year ago, driven by higher net investment gains.

Net earnings in the first quarter of 2021 included pretax adjusted net investment gains* of $304 million, or $0.44 per diluted share, compared with pretax adjusted net investment losses of $448 million, or $0.62 per diluted... More