AFLAC Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - AFLAC Inc (AFL) reported earnings for third quarter that decreased from last year.

The company's earnings totaled $777 million, or $1.04 per share. This compares with $845 million, or $1.09 per share, in last year's third quarter.

Excluding items, AFLAC Inc reported adjusted earnings of $863 million or $1.16 per share for the period.

Analysts had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.7% to $5.54 billion from $5.58 billion last year.

AFLAC Inc earnings at a glance:

-Earnings (Q3): $863 Mln. vs. $792 Mln. last year. -EPS (Q3): $1.16 vs. $1.03 last year. -Analysts Estimate: $1.07 -Revenue (Q3): $5.54 Bln vs. $5.58 Bln last year.

-Guidance: Full year EPS guidance: $4.35 - $4.45

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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