earnings
confidence high
sentiment positive
materiality 0.75
Aflac Q1 net earnings $1.9B ($3.25/sh); adjusted EPS up 7.1%; dividend $0.50
AFLAC INC
2024-Q1 EPS reported
$3.25
revenue$5,436,000,000
- Net earnings $1.9B ($3.25/sh) vs $1.2B ($1.94) YoY; adjusted $961M ($1.66/sh), up 7.1% per share.
- Total revenues $5.4B (+13.3% YoY); net investment gains $951M vs $123M.
- Japan pretax adj earnings +15.6% in yen, +2.8% in dollars (yen -11%); pretax margin 32.8% vs 28.2%.
- U.S. net earned premiums +3.3%, sales -5.2%; pretax adj earnings +1.1%, margin 21.0%.
- Dividend raised to $0.50/sh (19% increase) payable June 3; $750M buyback in Q1, 68.5M shares remaining.