Aflac Inc expected to post earnings of $1.69 a share - Earnings Preview

Aflac

29/10/2024 03:20

* Aflac Inc  AFL.N   AFL  is expected to show a fall in
quarterly
revenue when it reports  results on October 30 for the period
ending September 30 2024
    * The Columbus Georgia-based  company is expected to report
a
10.6% decrease in revenue to $4.424 billion from $4.95 billion a
year ago, according to the mean estimate from 7 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
$1.69 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 2 "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
102.00​, below​ its last closing price of $109.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.61        1.60       1.83      Beat    14.4
 Jan. 1 2024   1.59        1.58       1.66      Beat    4.9
 Jan. 1 0001   1.46        1.45       1.25      Missed  -14.1​
 Sep. 30 2023  1.48        1.49       1.84      Beat    23.3
 ​​Jun.        1.44        1.44       1.62      Beat    12.9
 30 2023                                                
 Mar. 31 2023  1.39        1.40       1.55      Beat    10.9​
 Dec. 31 2022  1.21        1.21       1.40      Beat    15.6
 Jan. 1 0001   1.20        1.21       1.15      Missed  -5.3
 This summary was machine generated October 29 at 03:20 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)