earnings
confidence high
sentiment positive
materiality 0.70
Aflac Q2 net earnings $1.6B ($2.71 EPS) up 17%; adjusted EPS $1.58 up 7.5%
AFLAC INC
2023-Q2 EPS reported
$4.64
revenue$9,972,000,000
- Net earnings $1.6B ($2.71 diluted EPS) vs $1.4B ($2.17) YoY; total revenues $5.2B down 2.7%.
- Adjusted earnings $954M ($1.58 diluted EPS) up 7.5% YoY; yen headwind reduced EPS by $0.04.
- Japan pretax adjusted profit margin 30.4% (vs 28.6%); new annualized premium sales up 26.6% in yen.
- U.S. pretax adjusted earnings up 7.6% to $369M; net earned premiums up 2.2% to $1.4B.
- Q3 dividend declared $0.42/share; Q2 share repurchases $700M (10.5M shares); 95.8M shares remain authorized.