AFLAC Earns $1.56 Per Share of Operating Earnings

AFLAC ($AFL) just reported second-quarter operating earnings of $1.56 per share which is two cents more than Wall Street’s consensus. That’s a 15.6% increase over last year’s second quarter. For the first half of 2011, AFLAC has earned $3.19 per share in operating profits.

AFLAC reiterated its full-year EPS guidance of $6.09 to $6.34. The company also gave third-quarter guidance of $1.54 to $1.60 per share.

The best news however, is that the company expects earnings next year to rise by 2% to 5%. If you recall, in May AFLAC had said that it expected earnings to grow between 0% and 5% in 2012. It’s not a big increase but it is in the right direction.

Posted by on July 27th, 2011 at 4:26 pm

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