Aflac Inc

NYSE:AFLUnited States

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• Aflac Q1 Earnings, Revenue Rise, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: AFL
  04:38 PM EDT, 05/01/2024 (MT Newswires) -- Aflac (AFL) late Wednesday reported Q1 adjusted net income of $1.66 per diluted share, up form $1.55 a year earlier. Analysts polled by Capital IQ expected $1.58. Total revenue for the quarter ended March ...

• -- Earnings Flash (AFL) AFLAC INCORPORATED Reports Q1 EPS $1.66, vs. Street Est of $1.58, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: AFL
  04:18 PM EDT, 05/01/2024 (MT Newswires) -- ...

• -- Earnings Flash (AFL) AFLAC INCORPORATED Reports Q1 Revenue $5.44B, vs. Street Est of $4.3B, from 6 hours ago by MT Newswires

  6 hours ago by MT Newswires
  Companies Mentioned: AFL
  04:18 PM EDT, 05/01/2024 (MT Newswires) -- ...

• DJ Aflac 1Q Profit Rises Despite Weakness in Japan, from 6 hours ago by Dow Jones

  6 hours ago by Dow Jones
  Companies Mentioned: AFL
  
  By Ben Glickman
  
  Aflac posted higher profit in the first quarter despite a drop in net premiums in its Japanese business.
  
  The Columbus, Ga.-based insurance provider reported a profit of $1.88 billion, or $3.25 a share in the quarter, compared with a profit of $1.19 billion, or $1.94 a share, a year earlier. Analysts polled by FactSet expected a per-share profit of $1.54.
  

• Aflac Incorporated Announces First Quarter Results, Reports First Quarter Net Earnings of $1.9 Billion, Declares Second Quarter Cash Dividend, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: AFL
  (EXCLUDING IMPACT OF FOREIGN CURRENCY) THREE MONTHS ENDED MARCH 31, 2024 2023 ------ ------ U.S. GAAP ROE - Net earnings(1) 33.0 % 23.8 % Impact of excluding unrealized foreign currency translation gains (losses) (5.1) (3.2) Impact of excluding unrealized gains (losses) on securities and derivatives 1.3 0.2 Impact of excluding effect of changes in discount rate assumptions (2.4) (3.1) Impact of excluding pension liability adjustment -- -- Impact of excluding AOCI (6.2) (6.1) U.S. GAAP ROE - less AOCI 26.8 17.7 Differences between adjusted earnings and net earnings(2) (13.1) (3.5) Adjusted ROE - reported 13.7 14.2 Less: Impact of foreign currency(3) (0.6) N/A Adjusted ROE, excluding impact of foreign currency 14.3 14.2 (1) U.S. GAAP ROE is calculated by dividing net earnings (annualized) by average shareholders' equity. (2) See separate reconciliation of net income to adjusted earnings. (3) Impact of foreign currency is calculated by restating all foreign currency components of the income statement to the weighted average foreign currency exchange rate for the comparable prior year period. The impact is the difference of the restated adjusted earnings compared to reported adjusted earnings. For comparative purposes, only current period income is restated using the weighted average prior period exchange rate, which eliminates the foreign currency impact for the current period. This allows for equal comparison of this financial measure. EFFECT OF FOREIGN CURRENCY ON ADJUSTED RESULTS(1) ------------------------------------------------------------- (SELECTED PERCENTAGE CHANGES, UNAUDITED) Including Excluding Currency Currency THREE MONTHS ENDED MARCH 31, 2024 Changes Changes(2) --------- ----------- Net earned premiums(3) (6.3) % 0.3 % Adjusted net investment income(4) 10.5 13.8 Total benefits and expenses (5.5) 0.9 Adjusted earnings 0.8 5.5 Adjusted earnings per diluted share 7.1 12.3 (1) Refer to previously defined adjusted earnings and adjusted earnings per diluted share. (2) Amounts excluding currency changes were determined using the same foreign currency exchange rate for the current period as the comparable period in the prior year, which eliminates dollar-based fluctuations driven solely from currency rate changes. (3) Net of reinsurance (4) Refer to previously defined adjusted net investment income.