Markets
AFL

AFLAC Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - AFLAC Inc (AFL) reported a profit for its third quarter that rose from last year.

The company's earnings came in at $2.46 billion, or $3.44 per share. This compares with $0.78 billion, or $1.04 per share, in last year's third quarter.

Excluding items, AFLAC Inc reported adjusted earnings of $994 million or $1.39 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $5.67 billion from $5.54 billion last year.

AFLAC Inc earnings at a glance:

-Earnings (Q3): $994 Mln. vs. $863 Mln. last year. -EPS (Q3): $1.39 vs. $1.16 last year. -Analysts Estimate: $1.13 -Revenue (Q3): $5.67 Bln vs. $5.54 Bln last year.

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

In This Story

AFL

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More