Aflac Q4 2023 Adj EPS $1.28 Misses $1.45 Estimate, Sales $3.80B Miss $4.40B Estimate
Portfolio Pulse from Benzinga Newsdesk
Aflac Inc. reported Q4 2023 earnings of $1.28 per share, missing the consensus estimate of $1.45 by 11.72%. Quarterly sales were $3.80B, falling short of the $4.40B estimate and marking a 5.24% decrease from the same period last year.
January 31, 2024 | 9:06 pm
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NEGATIVE IMPACT
Aflac's Q4 2023 earnings and sales both missed analyst estimates, with a notable year-over-year decline in sales.
Missing both earnings and sales estimates significantly, especially with a year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100