Aflac quarterly net income rises 16%

Last post 07-24-2008 3:59 PM by Melany. 3 replies.

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07-24-2008 12:30 PM

Sammy John
Joined on 05-19-2008
Posts 32

Aflac quarterly net income rises 16%

Aflac Inc. reported a 16% increase in second-quarter net income late Wednesday, but the health insurer sounded a cautious note about sales growth in the U.S. and Japan this year.

Aflac shares slipped 4.1% to $57.87 in late trading after the results.

Net income came in at $483 million, or $1 a share, up 16% from a year earlier when the health insurer made $415 million, or 84 cents a share. Operating earnings, which exclude net realized investment gains and losses, were $487 million, or $1.01 a share, in the latest quarter.

AFL 55.04, -5.28, -8.7%) was expected to make $1.01 a share, according to the average estimate of 19 analysts in a Thomson Reuters survey.

07-24-2008 3:36 PM In reply to

trader477
Joined on 08-25-2007
Posts 531

Re: Aflac quarterly net income rises 16%

love that " duck" can get enough of that quacky duck !

07-24-2008 3:40 PM In reply to

trader477
Joined on 08-25-2007
Posts 531

Re: Aflac quarterly net income rises 16%

still love that duck,,,but seriously the company sure is taking a knocking down ,,must be their earnings or something,maybe the management needs to address these problems too !,sorry for the duck thing,he really makes me "quack-up"

07-24-2008 3:59 PM In reply to

Melany
Joined on 07-05-2007
Posts 1,233

Re: Aflac quarterly net income rises 16%

Isn't that just ducky?

LOL!

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