earnings
confidence high
sentiment positive
materiality 0.75
Aflac Q2 net earnings $1.8B ($3.10/share), adjusted EPS up 15.8%, declares $0.50 dividend
AFLAC INC
2024-Q2 EPS reported
$6.35
revenue$10,575,000,000
- Net earnings $1.8B ($3.10 diluted EPS) vs $1.6B ($2.71) a year ago; adjusted earnings $1.0B ($1.83) up 15.8% per share.
- Aflac Japan pretax adjusted earnings in yen up 18.6% reported, 10.6% currency-neutral; profit margin 35.3% vs 30.4%.
- Aflac U.S. pretax adjusted earnings up 3.8% to $383M; sales increased 2% to $331M.
- Board declared Q3 dividend $0.50/share payable Sept 2, 2024; record $800M share repurchase in Q2 (9.3M shares).
- Yen/dollar headwind reduced adjusted EPS by $0.07; average rate 155.70 vs 137.53 year ago.