Aflac (AFL) Reports In-Line Q3 EPS

Go back to Aflac (AFL) Reports In-Line Q3 EPS

Aflac Incorporated Announces Third Quarter Results, Reports Third Quarter Net Earnings of $888 Million, Declares Fourth Quarter Cash Dividend

October 27, 2021 4:05 PM EDT

COLUMBUS, Ga., Oct. 27, 2021 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its third quarter results.

Total revenues were $5.2 billion in the third quarter of 2021, compared with $5.7 billion in the third quarter of 2020. Net earnings were $888 million, or $1.32 per diluted share, compared with $2.5 billion, or $3.44 per diluted share a year ago. Net earnings in 2020 reflect a $1.4 billion benefit from the release of valuation allowances on deferred tax benefits due to changes in U.S. tax regulations.

Net earnings in the third quarter of 2021 included pretax adjusted net investment losses* of $172... More