Aflac Retained At Neutral
By:
DailyMarkets.com
Posted on November 29, 2011 at 16:50 PM EST
Recently, we reiterated our recommendation on Aflac Inc. (NYSE:AFL) at Neutral, based on the current sustainability factor. The company’s third quarter 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 also escalated 13.7% year over year to $778 [...]
Recently, we reiterated our recommendation on Aflac Inc. (NYSE:AFL) at Neutral, based on the current sustainability factor. The company’s third quarter 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 also escalated 13.7% year over year to $778 million.
Growth in the third quarter was supported by higher premium income, modest investment yields, favourable dollar/yen exchange … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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