Aflac Earnings on Deck

S&P 500 (NYSE:SPY) component Aflac (NYSE:AFL) will unveil its latest earnings on Tuesday, October 23, 2012. 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 $1.66 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 up from $1.62. Between one and three months ago, the average estimate moved up. It has risen from $1.65 during the last month. Analysts are projecting profit to rise by 3.2% versus last year to $6.53.

Past Earnings Performance: The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by 9 cents in the first quarter, the company fell in line with expectations by reporting profit of $1.61 per share last quarter.

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A Look Back: In the second quarter, profit rose 72.5% to $483 million ($1.03 a share) from $280 million (60 cents a share) the year earlier, meeting analyst expectations. Revenue rose 16% to $5.9 billion from $5.09 billion.

Stock Price Performance: Between July 24, 2012 and October 17, 2012, the stock price rose $8.26 (19.7%), from $42.02 to $50.28. The stock price saw one of its best stretches over the last year between January 13, 2012 and January 25, 2012, when shares rose for eight straight days, increasing 13.8% (+$5.98) over that span. It saw one of its worst periods between December 9, 2011 and December 19, 2011 when shares fell for seven straight days, dropping 9.4% (-$4.12) over that span.

Wall St. Revenue Expectations: Analysts are projecting a rise of 9% in revenue from the year-earlier quarter to $6.53 billion.

Key Stats:

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 15.5% 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 24.9% in the fourth quarter of the last fiscal year and 98.7% in the first quarter before increasing again in the second quarter.

Analyst Ratings: With nine analysts rating the stock a buy, none rating it a sell and eight rating the stock a hold, there are indications of a bullish stance by analysts.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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