Aflac Outperforms, Hikes Dividend
Aflac Inc.’s (NYSE:AFL) third quarter 2011 operating earnings per share of $1.66 came in comfortably higher than the Zacks Consensus Estimate of $1.60 and $1.45 reported in the year-ago quarter. Operating earnings escalated 13.7% year over year to $778 million. A stronger yen/dollar exchange rate helped increase operating earnings per share by 9 cents. Earnings [...]
Aflac Inc.’s (NYSE:AFL) third quarter 2011 operating earnings per share of $1.66 came in comfortably higher than the Zacks Consensus Estimate of $1.60 and $1.45 reported in the year-ago quarter. Operating earnings escalated 13.7% year over year to $778 million. A stronger yen/dollar exchange rate helped increase operating earnings per share by 9 cents.
Earnings in the reported quarter excluded after-tax negative impact of derivative and hedging activities worth $146 million or 31 cents in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards