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Aflac: 3Q Earnings Snapshot

COLUMBUS, Ga. (AP) _ Aflac Inc. (AFL) on Thursday reported third-quarter profit of $777 million.

The Columbus, Georgia-based company said it had profit of $1.04 per share. Earnings, adjusted for non-recurring costs, were $1.16 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The insurer posted revenue of $5.54 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $5.56 billion.

Aflac shares have increased 15% since the beginning of the year, while the Standard & Poor's 500 index has climbed 20%. In the final minutes of trading on Thursday, shares hit $52.56, a climb of 23% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AFL at https://www.zacks.com/ap/AFL