earnings
confidence high
sentiment positive
materiality 0.75
Aflac Q2 net earnings $1.1B ($1.62 diluted EPS), adjusted EPS $1.59, up 24% YoY; declares $0.33 dividend
AFLAC INC
2021-Q2 EPS reported
$3.49
revenue$11,433,000,000
- Net earnings $1.1B ($1.62 diluted EPS) vs $805M ($1.12) YoY; adjusted EPS $1.59, +24.2% YoY.
- Japan segment: premium income down 3.8% (yen), but pretax adjusted earnings up 22.0% (yen) due to lower benefits and higher investment income.
- U.S. segment: net premium down 3.4%, pretax adjusted earnings down 3.1% to $413M; sales up 64.1% in quarter.
- Board declared Q3 dividend $0.33 per share (unchanged from Q2, up from $0.28 a year ago); payable Sept 1, record Aug 18.
- Repurchased $500M of common shares in Q2; $76.5M remaining authorized for repurchase.