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AFL AFLAC Inc

83.21
-0.83 (-0.99%)
04 May 2024 - Closed
Delayed by 15 minutes
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

Aflac Sees Big Benefit from Tax Reform

31/01/2018 11:10pm

Dow Jones News


AFLAC (NYSE:AFL)
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From May 2019 to May 2024

Click Here for more AFLAC Charts.
   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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