Aflac (AFL) Misses Q3 EPS by 9c, Revenues Beat

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Aflac Incorporated Announces Third Quarter Results, Reports Third Quarter Net Earnings of $1.6 Billion, Declares Fourth Quarter Cash Dividend

October 31, 2022 4:05 PM EDT

COLUMBUS, Ga., Oct. 31, 2022 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its third quarter results.

Total revenues were $4.8 billion in the third quarter of 2022, compared with $5.2 billion in the third quarter of 2021. Net earnings were $1.6 billion, or $2.53 per diluted share, compared with $888 million, or $1.32 per diluted share a year ago, reflecting a release of $695 million in deferred taxes in the third quarter.

Net earnings in the third quarter of 2022 included net investment gains of $199 million, or... More