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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AFLAC Inc | NYSE:AFL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.83 | -0.99% | 83.21 | 84.27 | 81.955 | 83.97 | 2,938,417 | 01:00:00 |
By Adrienne Roberts
Aflac Inc. (AFL) on Wednesday reported a $1.7 billion benefit in the fourth quarter as a result of U.S. tax law changes.
The Columbus, Ga.-based insurance provider earned a profit in the quarter of $2.4 billion, $5.95 a share, compared with $751 million, or $1.84 a share, a year earlier.
Excluding one-time items and currency fluctuations, Aflac earned $1.63 a share in the quarter. Analysts polled by Thomson Reuters expected $1.55 a share.
Sales for the quarter declined to $5.4 billion from $6 billion a year earlier. Analysts expected sales of $5.33 billion in the most recent quarter.
Shares were flat at $88.20 in after-hours trading.
Write to Adrienne Roberts at adrienne.roberts@wsj.com
(END) Dow Jones Newswires
January 31, 2018 17:55 ET (22:55 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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