UPDATE: Aflac Q4 Profit Increases 8%
Aflac (NYSE: AFL) reported an 8% rise in its fourth-quarter earnings.
Aflac's quarterly profit climbed to $581 million, or $1.24 per share, from $538 million, or $1.15 per share, in the year-ago period.
Its operating earnings gained to $1.48 per share from $1.45 per share. Aflac in October expected operating earnings of $1.46 to $1.51 per share.
Its revenue rose 6.6% to $6.4 billion, versus estimates of $6.5 billion.
Aflac shares closed at $53.49 yesterday.
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