Earnings from AFLAC and Fiserv

After the bell, we got earnings from AFLAC and Fiserv.

For Q3, AFLAC’s (AFL) earnings rose 19.8% to $1.39 per share. The yen/dollar exchange rate didn’t impact earnings. Wall Street had been expecting $1.13 per share. AFLAC is usually pretty good at giving earnings guidance. For obvious reasons, they can’t now. The stock rose a bit in the after-hours market.

Fiserv (FISV) said it had Q3 earnings of $1.20 per share. That’s a 19% increase over last year. Wall Street was expecting $1.16 per share.

Fiserv now expects to see its earnings rise by 11% over last year. This will be their 35th year in a row of double-digit earnings growth.

Last year, Fiserv earned $4 per share. An 11% earnings increase translates to full-year earnings of $4.44 per share.

For the first nine months of this year, the company made $3.12 per share. That means the Q4 earnings should be $1.32 per share. That matches Wall Street’s forecast. The shares traded 3% higher in the after-hours market.

Posted by on October 27th, 2020 at 9:36 pm


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