Aflac (AFL) Tops Q1 EPS by 11c
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Aflac Incorporated Announces First Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares Second Quarter Cash Dividend
April 26, 2016 4:20 PM EDTCOLUMBUS, Ga., April 26, 2016 /PRNewswire/ --Â Aflac Incorporated today reported its first quarter results.
Benefiting from the stronger yen/dollar exchange rate, total revenues rose 4.3% to $5.5 billion during the first quarter of 2016, compared with $5.2 billion in the first quarter of 2015. Net earnings were $731 million, or $1.74 per diluted share, compared with $663 million, or $1.51 per share, a year ago.Â
Net earnings in the first quarter of 2016 included $50 million, or $.12 per diluted share, of after-tax net realized investment gains from securities transactions and impairments, compared with net after-tax gains of $40 million, or $.10 per diluted share, a year... More
