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AFLAC (AFL)
NYSE:AFL
Holding AFL?
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.63Last Year’s EPS
$1.28Same Quarter Last Year
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -6.30%
|Next Earnings Date:Jan 29, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong adjusted earnings growth and sales performance in both Japan and the U.S., along with solid investment portfolio results. However, it also noted challenges such as GAAP losses due to forex impacts and declines in Japan premiums. Overall, the positive aspects outweighed the negatives, indicating a robust position in the market.Company Guidance
During the Aflac Inc. third quarter 2024 earnings call, the executives provided detailed guidance on several metrics. Aflac reported a loss of $0.17 per diluted share on a U.S. GAAP basis due to foreign exchange-related losses from the yen. However, adjusted earnings per diluted share increased by 17.4% to $2.16. The company achieved a 12.3% year-over-year increase in sales in Japan, driven by the new Tsumitas product, while U.S. sales grew by 5.5%, supported by strong performance in group life, absence management, and disability. The U.S. segment's pretax profit margin was reported at 20.8%. Aflac's capital position remained robust, with an estimated combined RBC above 650% and an SMR of about 1,100%. The company also repurchased $500 million in shares during the quarter, maintaining its commitment to capital management and shareholder returns.Adjusted Earnings Increase
Adjusted earnings per diluted share for the quarter increased 17.4% to $2.16, and year-to-date, adjusted earnings per share on a diluted basis rose 13.5% to $5.64.
Strong Sales Growth in Japan
Japan sales increased 12.3% year-over-year in the third quarter, driven by the launch of Tsumitas and improved cancer insurance sales through the Japan Post channel.
U.S. Sales Growth
Achieved 5.5% sales growth for the quarter in the U.S., with strong growth in group life, absence management, and disability.
Record Profit Margins
Japan segment achieved a pretax margin of 44.7%, and the U.S. segment reported a pretax margin of 20.8%.
Strong Investment Portfolio Performance
The investment portfolio produced strong net investment income with minimal losses and impairments, supporting dividend growth and share repurchases.
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AFL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AFL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $109.59 | $104.32 | -4.81% |
| Jul 31, 2024 | $94.50 | $100.71 | +6.57% |
| May 01, 2024 | $83.31 | $82.79 | -0.62% |
| Jan 31, 2024 | $82.56 | $74.59 | -9.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AFLAC (AFL) report earnings?
AFLAC (AFL) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is AFLAC (AFL) earnings time?
AFLAC (AFL) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AFL EPS forecast?
AFL EPS forecast for the fiscal quarter 2024 (Q4) is $1.63.
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