RTTNews | Oct 27, 2020 04:35PM EDT

16:35 Tuesday, October 27, 2020 (RTTNews.com) - AFLAC Inc (AFL) reported a profit for its third quarter that rose from last year.

The company's earnings came in at $2.46 billion, or $3.44 per share. This compares with $0.78 billion, or $1.04 per share, in last year's third quarter.

Excluding items, AFLAC Inc reported adjusted earnings of $994 million or $1.39 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.3% to $5.67 billion from $5.54 billion last year.

AFLAC Inc earnings at a glance:

-Earnings (Q3): $994 Mln. vs. $863 Mln. last year.-EPS (Q3): $1.39 vs. $1.16 last year.-Analysts Estimate: $1.13-Revenue (Q3): $5.67 Bln vs. $5.54 Bln last year.

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