earnings
confidence high
sentiment positive
materiality 0.80
Aflac Q1 net earnings $1.2B ($1.94 EPS) up 13.5% YoY; adjusted EPS $1.55; revenue $4.8B; Japan sales up 10.8%
AFLAC INC
2023-Q1 EPS reported
$1.94
revenue$4,800,000,000
- Net earnings $1.2B ($1.94 diluted EPS) vs $1.0B ($1.60) a year ago; adjusted EPS $1.55, up 7.6%.
- Total revenues $4.8B, down 7.2% from $5.2B, impacted by yen weakness (avg rate 132.30 vs 116.18).
- Aflac Japan pretax adjusted earnings in yen up 3.2% to ¥104.3B; sales up 10.8% to ¥13.2B on new cancer product.
- Aflac US pretax adjusted earnings up 5.7% to $352M; sales up 5.3% to $315M.
- Board declared Q2 dividend $0.42/share; $700M share repurchases in Q1; remaining authorization 106.3M shares.