Aflac (AFL) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, Aflac (AFL) reported revenue of $2.95 billion, down 40.4% over the same period last year. EPS came in at $2.16, compared to $1.84 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.65 billion, representing a surprise of -36.61%. The company delivered an EPS surprise of +27.06%, with the consensus EPS estimate being $1.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Aflac performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Tot. Ben. /Premium - Aflac U.S. 47.6% versus the three-analyst average estimate of 45.5%. Tot. Adj. Expenses/Total Adj. Rev. - Aflac Japan: 20% versus 20.5% estimated by three analysts on average. Tot. Ben. /Premium - Aflac Japan: 41.8% versus the three-analyst average estimate of 67%. Tot. Adj. Expenses/Total Adj. Rev. - Aflac U.S. 38% versus 38.9% estimated by three analysts on average. Total adjusted revenues- Aflac Japan: $2.38 billion versus $2.51 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -10.6% change. Total adjusted revenues- Aflac Japan- Total net earned premiums: $1.71 billion compared to the $1.79 billion average estimate based on four analysts. The reported number represents a change of -13.4% year over year. Total adjusted revenues- Aflac Japan- Net investment income: $668 million versus the four-analyst average estimate of $709.98 million. The reported number represents a year-over-year change of -5.3%. Total adjusted revenues- Aflac U.S.- Other income: $15 million versus $17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -54.6% change. Revenues- Total net earned premiums: $3.33 billion versus the five-analyst average estimate of $3.39 billion. The reported number represents a year-over-year change of -4.3%. Revenues- Net investment income: $1.01 billion versus $952.63 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.2% change. Revenues- Other income (loss): $23 million versus the five-analyst average estimate of $36.19 million. The reported number represents a year-over-year change of -51.1%. Total adjusted revenues- Corporate and other: $225 million compared to the $237.10 million average estimate based on two analysts. The reported number represents a change of +95.7% year over year. View all Key Company Metrics for Aflac here>>>Shares of Aflac have returned -2.5% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Aflac Incorporated (AFL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks