Aflac (AFL) Reports Q4 Results: $1.57 EPS Misses Estimates, Revenue Tops Forecasts
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Aflac Inc. (AFL) reported fourth-quarter net income of $1.38 billion, or $2.64 per share, with adjusted earnings of $1.57 per share, missing Wall Street expectations of $1.71. Revenue reached $4.87 billion, exceeding the $4.48 billion average forecast. For the year, the company posted profit of $3.65 billion, or $6.82 per share, on $17.74 billion in revenue. Shares rose to $113.62, up 6% year-to-date, outperforming the S&P 500's 0.5% gain.
EditorJack Lee