Investing.com - Aflac (NYSE:AFL) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.12 on revenue of $5.66B. Analysts polled by Investing.com anticipated EPS of $1.06 on revenue of $5.49B. That compared to EPS of $1.05 on revenue of $5.46B in the same period a year earlier. The company had reported EPS of $1.02 on revenue of $5.13B in the previous quarter.
For the year, Aflac shares are up 7.95%, under-performing the S&P 500 which is up 18.14% year to date.
Aflac follows other major Financial sector earnings this month
On April 12, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings beat analyst's expectations on April 16, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B
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