earnings
confidence high
sentiment neutral
materiality 0.75
Aflac Q2 2022 net earnings $1.4B ($2.16/diluted); adjusted earnings down 8.2% to $1.46/diluted
AFLAC INC
2022-Q2 EPS reported
$3.73
revenue$10,672,000,000
- Total revenues $5.4B, down 2.9% YoY; net earnings up 25.6% to $1.4B.
- Adjusted earnings $939M ($1.46/diluted), down 13.1% from $1.1B; yen headwind of $0.09 per share.
- Aflac Japan net earned premiums in yen fell 4.2% to ¥313.2B; pretax adjusted profit margin up to 27.4%.
- Aflac U.S. sales increased 15.6% to $305M; pretax adjusted earnings fell 15.5% to $349M.
- Board declared $0.40 quarterly dividend, payable Sept 1, 2022; $650M used to repurchase 11.2M shares in Q2.