Aflac Outshines, Ups Guidance
By:
DailyMarkets.com
Posted on April 25, 2012 at 12:03 PM EDT
Aflac Inc.’s (NYSE:AFL) first-quarter 2012 operating earnings per share of $1.74 outpaced both the Zacks Consensus Estimate of $1.65 and the year-ago quarter’s earnings of $1.62. Operating earnings climbed 6.3% year over year to $814 million. A stronger yen/dollar exchange rate and higher investment income related to portfolio de-risking boosted the operating earnings per share [...]
Aflac Inc.’s (NYSE:AFL) first-quarter 2012 operating earnings per share of $1.74 outpaced both the Zacks Consensus Estimate of $1.65 and the year-ago quarter’s earnings of $1.62. Operating earnings climbed 6.3% year over year to $814 million. A stronger yen/dollar exchange rate and higher investment income related to portfolio de-risking boosted the operating earnings per share by 4 cents and 5 cents, respectively.
Operating earnings in the reported quarter excluded after-tax negative impact … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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