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AFLAC Inc (AFL) reported a profit for its first quarter that climbed from last year.


RTTNews | Apr 28, 2021 04:17PM EDT

16:16 Wednesday, April 28, 2021 (RTTNews.com) - AFLAC Inc (AFL) reported a profit for its first quarter that climbed from last year.

The company's bottom line came in at $1.29 billion, or $1.87 per share. This compares with $0.57 billion, or $0.78 per share, in last year's first quarter.

Excluding items, AFLAC Inc reported adjusted earnings of $1.05 billion or $1.51 per share for the period.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.8% to $5.87 billion from $5.16 billion last year.

AFLAC Inc earnings at a glance:

-Earnings (Q1): $1.05 Bln. vs. $0.88 Bln. last year.-EPS (Q1): $1.51 vs. $1.21 last year.-Analysts Estimate: $1.21-Revenue (Q1): $5.87 Bln vs. $5.16 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3189220/aflac-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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