AFLAC (NYSE: AFL ) is expected to report Q3 earnings on Oct. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict AFLAC's revenues will grow 9.7% and EPS will drop 0.0%.
The average estimate for revenue is $6.57 billion. On the bottom line, the average EPS estimate is $1.66.
Last quarter, AFLAC chalked up revenue of $5.90 billion. GAAP reported sales were 17% higher than the prior-year quarter's $5.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.61. GAAP EPS of $1.03 for Q2 were 78% higher than the prior-year quarter's $0.58 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.1%, 360 basis points better than the prior-year quarter. Operating margin was 14.4%, 490 basis points better than the prior-year quarter. Net margin was 8.1%, 270 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $25.65 billion. The average EPS estimate is $6.55.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,920 members out of 2,001 rating the stock outperform, and 81 members rating it underperform. Among 518 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 501 give AFLAC a green thumbs-up, and 17 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AFLAC is outperform, with an average price target of $54.53.
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