Aflac Incorporated reports results for the quarter ended September 30 - Earnings Summary

• Aflac Incorporated AFL.N reported quarterly adjusted earnings of $2.43​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.49. The mean expectation of sixteen analysts for the quarter was for earnings of $1.79 per share. Wall Street expected results to range from $1.71 to $1.93 per share.

• Revenue fell 31% to $3.27 billion from a year ago; analysts expected $4.12 billion.

• Aflac Incorporated's reported EPS for the quarter was 61 cents​.

• The company reported quarterly net income of $303 million.

• Aflac Incorporated shares had risen by 11.0% this quarter and gained 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is also "hold"

• Wall Street's median 12-month price target for Aflac Incorporated is $115.50, about 8.5% below its last closing price of $125.30

This summary was machine generated from LSEG data November 4 at 10:43 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)