Aflac Incorporated (AFL) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.25, which missed the Zacks Consensus Estimate by 15%. The bottom line decreased from $1.29 per share reported in the year-ago period.Aflac’s revenues decreased 5.7% year over year to $3.78 billion in the quarter under review. The top line missed the consensus mark by 15%.The weak fourth-quarter results were due to higher benefits and claims, lower adjusted net investment income and declining profit levels from the ...

Aflac Incorporated (NYSE:AFL) Q4 2023 Earnings Conference Call February 1, 2024 8:00 AM ET Company Participants David Young - VP of Investor and Rating Agency Relations Dan Amos - Chairman and CEO and President Max Broden - EVP and CFO Brad Dyslin - Global Chief Investment Officer, President of Aflac Global Investments Masatoshi Koide - President and Representative Director, Aflac Life Insurance Japan Koichiro Yoshizumi - EVP and Director of Sales and Marketing and Alliance Strategy Virgil Miller - Presiden ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Aflac (AFL) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Aflac is one of 857 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zac ...

For the quarter ended December 2023, Aflac (AFL) reported revenue of $3.78 billion, down 5.8% over the same period last year. EPS came in at $1.25, compared to $1.29 in the year-ago quarter.The reported revenue represents a surprise of -14.97% over the Zacks Consensus Estimate of $4.44 billion. With the consensus EPS estimate being $1.47, the EPS surprise was -14.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Aflac (AFL) came out with quarterly earnings of $1.25 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.97%. A quarter ago, it was expected that this insurer would post earnings of $1.44 per share when it actually produced earnings of $1.84, delivering a surprise of 27.78%.Over the last four quarters, the company has surpas ...

The Zacks Accident and Health Insurance industry is expected to ride on the increase in underwriting exposure. Aflac Incorporated (AFL) , Unum Group (UNM) , Employers Holdings (EIG) and Trupanion (TRUP) should continue to benefit from prudent underwriting standards. However, a rise in claims frequency could weigh on the positives.The industry has been witnessing soft pricing over the past several quarters, which is not expected to change any time soon. Nonetheless, a rise in claims, with business activities ...

Aflac Incorporated (AFL) is slated to report fourth-quarter 2023 results on Jan 31, 2024, after the closing bell.Q4 EstimatesThe Zacks Consensus Estimate for Aflac’s fourth-quarter earnings per share is pegged at $1.47, which indicates an improvement of 14% from the prior-year quarter’s reported figure.The consensus mark for revenues is $4.4 billion, suggesting 10.8% growth from the year-ago quarter’s reported number.Earnings Surprise HistoryAflac boasts an impressive earnings surprise history. Its bottom l ...

The upcoming report from Aflac (AFL) is expected to reveal quarterly earnings of $1.47 per share, indicating an increase of 14% compared to the year-ago period. Analysts forecast revenues of $4.44 billion, representing an increase of 10.8% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.P ...

Aflac Incorporated (AFL) is strategically positioned for growth, leveraging higher sales, cost-cutting initiatives and a robust domestic market presence. The expansion of its product suite adds further momentum. The significant floating rate income remains a key driver, fortifying its investment income.Outperformer & Zacks RankOver the past year, shares of Aflac have rallied 16.3%, outperforming the industry’s 11.5% rise. Headquartered in Columbus, GA, AFL operates as a supplemental health and life insuranc ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Aflac (AFL) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 31. On th ...