Investing.com - Aflac reported third quarter earnings that beat analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.09 on revenue of $5.57B. Analysts polled by Investing.com forecast EPS of $0.99 on revenue of $5.45B. That compared to EPS of $1.7 on revenue of $5.51B in the same period a year earlier. The company had reported EPS of $1.06 on revenue of $5.59B in the previous quarter.
Aflac shares gained 0.05% to trade at $42.72 in after-hours trade following the report.
For the year, Aflac shares are up 8.73%, outperforming the Nasdaq 100 which is up 5.56% year to date.
Aflac follows other major Financial sector earnings this month
On Friday, October 12, 2018, JPMorgan (NYSE:JPM) reported third quarter EPS of $2.34 on revenue of $27.82B, compared to forecasts of EPS of $2.26 on revenue of $27.44B.
Bank of America (NYSE:BAC) earnings beat analyst's expectations on Monday, October 15, 2018, with third quarter EPS of $0.66 on revenue of $22.78B. Investing.com analysts expected EPS of $0.62 on revenue of $22.62B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar