Aflac Inc expected to post earnings of $1.60 a share - Earnings Preview

Aflac

29/07/2024 22:44

* Aflac Inc  AFL.N   AFL  is expected to show a fall in
quarterly
revenue when it reports  results on July 31 for the period
ending June 30 2024
    * The Columbus Georgia-based  company is expected to report
a
16.6% decrease in revenue to $4.314 billion from $5.17 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data. (Sale/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Aflac Inc is for
earnings of
$1.60 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aflac Inc
is
$85.00​, below​ its last closing price of $94.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.59        1.58       1.66      Beat    4.9
 Dec. 31 2024  1.46        1.45       1.25      Missed  -14.1
 Sep. 30 2023  1.48        1.49       1.84      Beat    23.3​
 Jun. 30 2023  1.44        1.44       1.62      Beat    12.9
 ​​Mar.        1.39        1.40       1.55      Beat    10.9
 31 2023                                                
 Dec. 31 2022  1.21        1.21       1.40      Beat    15.6​
 Sep. 30 2022  1.20        1.21       1.15      Missed  -5.3
 Jun. 30 2022  1.28        1.28       1.46      Beat    13.7
 This summary was machine generated July 29 at 21:44 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)