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Can Aflac (AFL) Tackle Weak Japan Operations in Q2 Earnings?
ZACKS· 2024-07-30 18:20
Aflac Incorporated (AFL) is slated to release second-quarter 2024 results on Jul 31, after the closing bell.EstimatesThe Zacks Consensus Estimate for AFL’s second-quarter earnings per share is pegged at $1.59, which indicates an improvement of 0.6% from the year-ago quarter’s reported figure. The estimate has been unchanged at $1.59 per share in the past week. The consensus mark for revenues is $4.4 billion, indicating a 15.4% fall from the prior-year quarter’s actual. Image Source: Zacks Investment Researc ...
Unveiling Aflac (AFL) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-07-26 14:20
Core Viewpoint - Analysts project Aflac (AFL) will report quarterly earnings of $1.59 per share, a 0.6% increase year over year, with revenues expected to decline by 15.4% to $4.38 billion [1] Revenue Estimates - 'Revenues- Other income (loss)' is estimated at $42.01 million, reflecting a year-over-year decrease of 6.6% [2] - 'Revenues- Net investment income' is projected to be $886.70 million, indicating an 11.2% decline year over year [2] - 'Revenues- Total net earned premiums' is expected to reach $3.35 billion, down 6.3% from the previous year [2] Adjusted Revenue Projections - 'Total adjusted revenues- Corporate and other' is forecasted at $195.50 million, showing a significant increase of 39.6% year over year [3] - 'Total adjusted revenues- Aflac Japan' is estimated at $2.44 billion, reflecting a decrease of 10.1% from the prior year [3] - 'Total adjusted revenues- Aflac Japan- Total net earned premiums' is projected at $1.80 billion, down 12.8% year over year [3] - 'Total adjusted revenues- Aflac Japan- Net investment income' is expected to be $637.08 million, indicating a 9% decline from the previous year [3] - 'Total adjusted revenues- Aflac U.S.- Other income' is forecasted to reach $26.38 million, down 24.6% year over year [3] Key Metrics - 'Tot. Ben. /Premium - Aflac Japan' is expected to be 66.1%, compared to 65.7% in the previous year [4] - 'Tot. Adj. Expenses/Total Adj. Rev. - Aflac U.S.' is projected at 38.5%, down from 39% in the same quarter last year [4] - 'Tot. Ben. /Premium - Aflac U.S.' is estimated to be 46.9%, compared to 45.3% in the previous year [4] - 'Tot. Adj. Expenses/Total Adj. Rev. - Aflac Japan' is projected to remain at 19.5%, unchanged from the previous year [4] Stock Performance - Over the past month, Aflac shares have increased by 5.6%, while the Zacks S&P 500 composite has decreased by 1.2% [4]
3 Forgotten Blue-Chip Stocks That Could Double Your Money
Investor Place· 2024-07-18 10:00
Core Insights - The article emphasizes the potential of overlooked blue-chip stocks that are currently trading at significant discounts, suggesting they may be poised for substantial recoveries in the future [1] Aflac (AFL) - Aflac reported Q1 2024 adjusted earnings per share of $1.66, reflecting a 7.1% increase [2] - The U.S. segment saw a 3.3% rise in net earned premiums and an 80 basis point improvement in persistency to 78.7% [2] - Rising healthcare costs and a focus on employee wellness are expected to drive demand for Aflac's supplemental insurance [2] - The stock has a dividend yield of 2.14% and is anticipated to continue its growth trajectory [2] Dollar General (DG) - Dollar General's net sales for Q1 2024 increased by 6.1% to $9.9 billion, driven by strong consumer traffic [4] - Operating profit decreased by 26.3% to $546 million, but analysts expect a recovery in profits soon [4] - The company maintains its full-year guidance, projecting net sales growth of 6%-6.7% and earnings per share of $6.80-$7.55 [4] - Dollar General is expanding its fresh produce offerings to 5,000 stores and plans to open 800 new stores in 2024 [4][5] Whirlpool (WHR) - Whirlpool's stock has rallied after a 65% drop from its peak, indicating potential long-term upside [6] - The company has an $8.4 billion debt load but holds approximately $1.6 billion in cash, which may help it navigate current challenges [6] - Whirlpool has implemented cost cuts of $800 million in 2023 and plans an additional $300-400 million in 2024 [7] - The company gained over 1% market share in North America in Q4 2023, suggesting a positive trend [7]
3 Accident & Health Insurers to Watch as Underwriting Exposure Increases
ZACKS· 2024-07-10 16:40
The Zacks Accident and Health Insurance industry is expected to ride on the increase in underwriting exposure. Aflac Incorporated  (AFL) , Unum Group (UNM) 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 returning to normal leve ...
Aflac (AFL), SKYGEN Team Up to Enhance Dental and Vision Services
ZACKS· 2024-07-09 20:15
Core Insights - Aflac Incorporated has partnered with SKYGEN to enhance its Dental and Vision insurance services, leveraging SKYGEN's technology and expertise to improve claims and billing processes [1][2][3] - The partnership aims to increase customer satisfaction, attract new clients, and retain existing ones, potentially leading to higher sales and improved premiums for Aflac's Dental and Vision products [2][3] Company Developments - The collaboration with SKYGEN is expected to enhance Aflac's service model by utilizing advanced software applications and data protection measures [1] - Aflac's recent initiatives, including a partnership with Nayya, indicate a strategic focus on improving the claims experience for its supplemental health plan clients [3] Market Performance - Aflac's shares have increased by 27.2% over the past year, outperforming the industry average growth of 21.1% [3] - The company maintains a Zacks Rank of 3 (Hold), indicating a stable outlook in the market [3]
Aflac Dental and Vision partners with SKYGEN to advance customer experience
Prnewswire· 2024-07-08 12:00
SKYGEN's innovative technology delivers digital experience critical to customer satisfactionTAMPA, Fla., July 8, 2024 /PRNewswire/ -- Aflac, a leading provider of supplemental insurance in the U.S., announced today that its Dental and Vision division has engaged SKYGEN to continue improving the customer satisfaction journey. SKYGEN is a U.S.-based, premier technology partner with a focus on dental and vision insurance plans that serves nearly 50 million members across all 50 states. SKYGEN's decades of indu ...
Championship coach and longtime Aflac partner Dawn Staley swaps gamecocks for My Special Aflac Duck®
Prnewswire· 2024-06-28 17:02
Core Points - Aflac, in collaboration with Coach Dawn Staley, delivered 16 My Special Aflac Ducks to children with sickle cell disease at Prisma Health Children's Hospital-Midlands, emphasizing the company's commitment to supporting children facing serious health challenges [1][2][3] - The My Special Aflac Duck is designed to help children cope with medical procedures and emotional distress, utilizing innovative technology and feedback from over 100 children and medical professionals [2][3] - Since its introduction in 2018, Aflac has distributed over 30,000 My Special Aflac Ducks, with nearly one-third of these going to children diagnosed with sickle cell disease [3][4] Company Commitment - Aflac has contributed more than $182 million to childhood cancer and blood disorders treatment and research since 1995, showcasing its long-term commitment to pediatric health [4][5] - The company has been recognized for its ethical practices and corporate social responsibility, being included in the World's Most Ethical Companies for 18 consecutive years and the Dow Jones Sustainability North America Index for 10 years [6] Product Details - The My Special Aflac Duck features a special cape designed for sickle cell patients, which serves as both a comforting blanket and an art therapy tool [3] - The duck has been validated through a clinical study that demonstrated its effectiveness in helping children manage treatment-related anxiety and distress [2]
Aflac Incorporated to Release Second Quarter Results and CFO Video Update on July 31, 2024 and Host Webcast on August 1, 2024
Prnewswire· 2024-06-27 12:00
COLUMBUS, Ga., June 27, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will release second quarter 2024 financial results after the market closes on July 31, 2024. At that time, earnings materials, including the quarterly earnings release and financial supplement, will be available, along with a financial update video from Executive Vice President and Chief Financial Officer Max Brodén, on the company's Investor Relations website, investors.aflac.com.Aflac Incorporated will also ...
My Special Aflac Duck® goes prime time with Deion "Coach Prime" Sanders
Prnewswire· 2024-06-25 20:30
Company Overview - Aflac Incorporated is a Fortune 500 company that has provided financial protection and peace of mind for over 68 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan [5] - In the U.S., Aflac is the leading provider of supplemental health insurance products, while in Japan, it is the top provider of cancer and medical insurance in terms of policies in force [5] My Special Aflac Duck Program - The My Special Aflac Duck program aims to provide comfort to pediatric patients with cancer and sickle cell disease by helping them prepare for medical procedures and cope with treatment-related distress [2][3] - Since its introduction in 2018, nearly 31,000 My Special Aflac Ducks have been delivered to children in the U.S., Japan, and Northern Ireland, with the program expanding to include sickle cell patients in 2022 [3] - The duck was developed in consultation with over 100 children, families, and medical professionals, and has been recognized as one of Time Magazine's 50 Best Inventions [2][3] Clinical Study and Impact - A three-year clinical study conducted by Emory University confirmed that My Special Aflac Duck helps reduce stress and anxiety for children facing cancer and sickle cell disease [2][3] - Aflac has contributed over $182 million to childhood cancer and blood disorders treatment and research since 1995, demonstrating its long-standing commitment to these causes [3] Community Engagement - Deion "Coach Prime" Sanders participated in delivering My Special Aflac Ducks to children at Children's Hospital Colorado, highlighting the company's efforts to engage with the community and provide support [1][2][4] - Aflac encourages healthcare providers, support organizations, and families to order My Special Aflac Duck free of charge for eligible children [4]
Aflac brings the magic of fútbol to Nicklaus Children's Hospital
Prnewswire· 2024-06-18 22:33
TV personality and host Adamari López to kick off the start of continental fútbol competition with a specially themed event for patients and their families MIAMI, June 18, 2024 /PRNewswire/ -- Aflac, the leading provider of supplemental health insurance in the U.S.1, partnered once again with beloved TV personality and cancer survivor, Adamari López, to bring the excitement and joy of soccer to pediatric patients at Nicklaus Children's Hospital. This event marks the second consecutive year that Aflac has al ...