AFLAC (NYSE: AFL ) is expected to report Q2 earnings on July 30. 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 contract -0.9% and EPS will shrink -6.2%.
The average estimate for revenue is $5.85 billion. On the bottom line, the average EPS estimate is $1.51.
Last quarter, AFLAC tallied revenue of $6.21 billion. GAAP reported sales were 1.0% lower than the prior-year quarter's $6.19 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 $1.69. GAAP EPS of $1.90 for Q1 were 13% higher than the prior-year quarter's $1.68 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 31.5%, 200 basis points better than the prior-year quarter. Operating margin was 22.1%, 250 basis points better than the prior-year quarter. Net margin was 14.6%, 190 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $23.76 billion. The average EPS estimate is $6.17.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,017 members out of 2,100 rating the stock outperform, and 83 members rating it underperform. Among 625 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 609 give AFLAC a green thumbs-up, and 16 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 $58.88.
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