Aflac (AFL) Q2 Earnings Beat on Strong Investment Income

Aflac Incorporated (AFL) reported second-quarter 2024 adjusted earnings per share of $1.83, which beat the Zacks Consensus Estimate by 15.1%. Also, the bottom line increased 15.8% year over year.Aflac’s revenues decreased from$ 5.2 billion in the year-ago quarter to $5.1 billion in the quarter under review. However, the top line beat the consensus mark by 17.4%.The better-than-expected quarterly results were supported by lower benefits and claims, operating expenses and higher investment income, signaling i ...