S&P 500 (NYSE:SPY) component Aflac (NYSE:AFL) will unveil its latest earnings on Tuesday, February 5, 2013. Aflac, a general business holding company, provides supplemental health and life insurance through its subsidiaries in the United States and Japan.
Aflac Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.48 per share, no change from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.50. Between one and three months ago, the average estimate moved down. It also has dropped from $1.49 during the last month. Analysts are projecting profit to rise by 4.1% versus last year to $6.59.
Past Earnings Performance: Last quarter, the company topped estimates by 0 cents, coming in at profit of $1.77 per share against a mean estimate of net income of $1.66. The company fell in line with estimates in the second quarter.
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A Look Back: In the third quarter, profit rose 36.7% to $1.02 billion ($2.16 a share) from $744 million ($1.59 a share) the year earlier, exceeding analyst expectations. Revenue rose 14.4% to $6.85 billion from $5.99 billion.
Wall St. Revenue Expectations: Analysts are projecting a rise of 8.7% in revenue from the year-earlier quarter to $6.5 billion.
Analyst Ratings: There are mostly holds on the stock with 13 of 19 analysts surveyed giving that rating.
Key Stats:
The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 16.3% over the last four quarters.
After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 98.7% in the first quarter and 72.5% in the second quarter before increasing again in the third quarter.
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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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