COLUMBUS, Ga. — Aflac Inc. (AFL) on Tuesday reported fourth-quarter earnings of $703 million.
The Columbus, Ga.-based company said it had profit of $1.57 per share. Earnings, adjusted for investment gains, came to $1.30 per share.
The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.30 per share.
The insurer posted revenue of $5.51 billion in the period, missing Street forecasts. Analysts expected $5.52 billion, according to Zacks.
For the year, the company reported profit of $2.95 billion, or $6.50 per share. Revenue was reported as $22.73 billion.