Aflac Reportes Stellar Earnings Results/Guidance

Shares of Aflac AFL are bid higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are bid $44.15, at $44.95; they ended the regular session lower by 2.58%, at $44.15. Aflac reported Q2 EPS of $1.56 on revenues of $5.09 billion; the Street was looking for $1.54 per share on revenues of $5.7 billion. Revenues increased 2.2% year over year. The company issued in-line guidance for Q3 as well as FY2011. Commenting on the company's second quarter results, Chairman and Chief Executive Officer Daniel P. Amos stated: "We are pleased with our overall results in the second quarter of 2011. Aflac Japan overcame challenges resulting from the most destructive and devastating natural disaster in Japan's history, to achieve strong sales growth.” Aflac Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services. Its principal business is supplemental health and life insurance, through its subsidiary, American Family Life Assurance Company of Columbus, which operates in the United States and as a branch in Japan.