• AFLAC Earns $1.03 per Share

    25 days ago - By Crossing Wall Street

    AFLAC just released its Q3 earnings report. For the quarter, the duck stock made $1.03 per share, which was four cents better than estimates. The yen averaged 111.48 during the quarter, so thankfully, the exchange rate didn't have a big impact on their numbers.
    For Q3, AFLAC had been expecting earnings of 87 cents to $1.02 per share , which assumed an exchange rate of ¥110 to ¥115 to the dollar. So far this year, AFLAC has made $3.11 per share. That's a 19.6% increase over last year.
    Now for guidance. AFLAC sees itself coming in at the “high end” of its previous guidance, which was $3.90...
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  • Torchmark Earned $1.59 per Share for Q3

    25 days ago - By Crossing Wall Street

    Torchmark Corporation reported today that for the quarter ended September 30, 2018, net income was $1.55 per diluted common share(1), compared with $1.29 per diluted common share for the year-ago quarter. Net operating income for the quarter was $1.59 per diluted common share(1), compared with $1.23 per diluted common share for the year-ago quarter.
    HIGHLIGHTS:
    Net income as an ROE(1) was 12.4%. Net operating income as an ROE excluding net unrealized gains on fixed maturities(1) was 14.7%.
    Life underwriting margins increased over the year-ago quarter by 10% and health underwriting margins...
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