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Aflac Incorporated
Aflac Incorporated Announces First Quarter Results, Declares Second Quarter Cash Dividend
May 11th, 2008
Aflac Incorporated reported its first quarter results. Total revenues were $4.3 billion during the first quarter of 2008, compared with $3.8 billion in the first quarter of 2007. Net earnings were $474 million, or $.98 per diluted share, compared with $416 million, or $.84 per share, a year ago. Net earnings included realized investment losses of $4 million, or $.01 per diluted share, compared with $9 million of realized gains, or $.02 per diluted share a year ago. The impact on net earnings from the change in fair value of the interest rate component of the cross-currency swaps related to the company's senior notes, as required by SFAS 133, increased net earnings by $3...
Source: Pharma Investments, Ventures & Law Weekly (2008-05-11)
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