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More on Aflac (AFL): Q3 beats on all fronts on a 14% rise in total revenue. Net earnings rose...

More on Aflac (AFL): Q3 beats on all fronts on a 14% rise in total revenue. Net earnings rose 38% as the life insurer benefited from strength in its Japan operations and better margins from investment gains. The company also raised its FY12 operating earnings estimates and upped its dividend by 6.1%.
Comments (3)
  • Mcwillifloor
    , contributor
    Comments (80) | Send Message
     
    Aflac's Quarter Was Even Better...

     

    -Float increased over 6%
    -Underwriting profits remained strong at 5.5%
    -Share buyback announced equaling half of 1% of share count
    -Minimal portfolio impairments (finally)
    -RBC ratio up nearly 10% to 590% (Kirsch team doing great)
    -Investment returns improved and diversified away from yen
    -Return on Equity now at 25% operating basis

     

    What a wonderful company. As for the moat, it strengthened too..persistency improved during quarter, and debt funding costs relative to peers improved as well. It doesn't get much better than this, folks.
    23 Oct 2012, 06:02 PM Reply Like
  • Dividend Garden
    , contributor
    Comments (448) | Send Message
     
    I agree. Sounds good but it's down in after hours trading, probably due to the "disappointing" US revenue. I'm happy, though. I got in at $39.
    23 Oct 2012, 06:15 PM Reply Like
  • Dividend Garden
    , contributor
    Comments (448) | Send Message
     
    Also, could be down in after hours due to the downward revision to Q4 estimate. Both reasons combined makes sense.
    23 Oct 2012, 06:19 PM Reply Like
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