Aflac (AFL) Q1 Earnings Beat on Lower Benefits & Expenses
AFLAflac(AFL) Zacks Investment Research·2024-05-03 00:36

Aflac Incorporated (AFL) reported strong first-quarter 2024 results, supported by lower benefits and claims, operating expenses and higher investment income, signaling its effective investment strategies. Improving profit levels from both the Japan and U.S. operations were major tailwinds. However, premium sales figures decreased in both the segments. It reported first-quarter 2024 adjusted earnings per share of 1.66,whichbeattheZacksConsensusEstimateby5.11.66, which beat the Zacks Consensus Estimate by 5.1%. Also, the bottom line increased from 1. ...