Aflac Tops Q4 Estimates

Aflac Inc. (AFL – Analyst Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $1.56 and revenue of $5.3 billion.

Currently, AFL has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Aflac:                                                      

1. Beat earnings estimates. The company posted $1.56, beating our Zacks Consensus Estimate of $1.48. This number excludes $0.15 from nonrecurring items.

2. Beat revenue estimates. The company saw revenue figures of $5.3 billion, surpassing our estimate of $5.238 billion. Revenues were down -3.5% on a year-over-year basis.

3. Reported net earnings of $730 million and operating earnings of $668 million.

4. “From a financial perspective, Aflac U.S. also performed well for the quarter and full year. I am very pleased with our fourth quarter new annualized premium sales, which hit an all-time record with the premium amount of $496 million. This equated to a growth rate of 9.6% for the quarter, which helped drive annual sales results to increase 3.7% for the year,” said Chairman and Chief Executive Officer Daniel P. Amos.

5. AFL was down $0.03, or 0.05%, to $56.38 as of 4:38 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Aflac’s long-term quarterly net income and profit margin:

Aflac Inc. (AFL – Analyst Report) Quarterly Net Income & Profit Margin | FindTheCompany

Aflac Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its primary business is supplemental health and life insurance, which is marketed and administered primarily through its subsidiary, American Family Life Assurance Company of Columbus. Aflac was founded in 1955 and is headquartered in Columbus, Georgia.