View Aflac's (AFL) Q3 Earnings Report
- Total Q3 2009 revenues rose to $4.5 billion during the third quarter, a 22.6 percent increase from $3.6 billion last year at this time.
- Net earnings amounted to $.77 per share for Q3 2009, an increase of 266.7 percent from last year's $.21 per share.
- Overall net earnings for Q3 2009 totaled 363 million, a 263.1 percent increase from $100 million in Q3 last year.
- Despite such stellar third-quarter earnings numbers, Aflac still reported a decline in third-quarter sales of 7.2 percent to $342 million. This caused president and CFO Kriss Cloninger III to declare that performance-based raises at the company would be frozen "until the economy strengthens and sales return to a level in line with our objectives."
AFLAC's website: www.aflac.com