COLUMBUS, Ga. (AP) _ Aflac Inc. (AFL) on Wednesday reported third-quarter earnings of $888 million.
On a per-share basis, the Columbus, Georgia-based company said it had net income of $1.32. Earnings, adjusted for non-recurring costs, were $1.53 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The insurer posted revenue of $5.24 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $5.38 billion.
Aflac shares have climbed 26% since the beginning of the year, while the S&P's 500 index has increased 21%. In the final minutes of trading on Wednesday, shares hit $56, a climb of 58% in the last 12 months.
CINCINNATI FINANCIAL CORP – 10-Q – Management's Discussion and Analysis of Financial Condition and Results of Operations
KKR to Present at the BofA Securities 2021 Banking and Financials Conference
Advisor News
- Retirement control is top success measure for middle class, ACLI says
- Industry groups applaud House passage of Financial Exploitation Prevention Act
- Younger workers more likely to be eligible for a retirement plan after changing jobs
- Bank of America community event unpacks sales tax hike, small business struggles
- CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
More Advisor NewsAnnuity News
- Jackson Named InvestmentNews 2026 Annuities Provider of the Year
- State Farm’s agency overhaul: What distribution can learn
- IRI, ACLI express support for CLEAR Forms Act
- A new era at the Federal Reserve
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
More Annuity NewsHealth/Employee Benefits News
- OTHER VIEWS: Health care cuts hit rural areas hard
- In Our Opinion: Health care cuts hit rural areas hard
- A single mom in Durham needed help. Now, she offers free childcare to families.
- Help employers find more medical ‘tools’ for their workers
- 'CRAZY' … 'WAY OUT OF LINE' … 'NOT SUSTAINABLE': NYT INVESTIGATION UNCOVERS OUTRAGEOUS PROVIDER-DRIVEN ABUSES OF THE NO SUPRISES ACT
More Health/Employee Benefits NewsLife Insurance News
- Jackson Named InvestmentNews 2026 Annuities Provider of the Year
- Corebridge adds index strategies, growth potential to Max Accumulator+ III
- Estate planning 2.0: How ILITs can create liquidity
- AM Best Affirms Credit Ratings of Misr Insurance Company
- State Farm’s agency overhaul: What distribution can learn
More Life Insurance News