Aflac IncorporatedNYSE: AFL

The 14th annual Aflac WorkForces Report reveals that U.S. Hispanic employees experience burnout at nearly double the rate of their non-Hispanic counterparts. This situation presents a challenge for both American employers and their workers, as workplace stress and burnout continue to rise.

Aflac has announced the appointment of JR Shamley as the new senior vice president for National Account Business Development and Growth Solutions. With 30 years of experience in the insurance industry, he will use his knowledge in carrier and benefits consulting to enhance Aflac's distribution model and promote profitable growth. Aflac is a top provider of supplemental health insurance in the United States.

Aflac has been upgraded to a Buy rating from my previous hold rating a year ago, thanks to growth and retention of policies in Q3, even though there was a loss in net earnings. While the stock is close to a 10-year high, it remains undervalued compared to important competitors based on forward P/E and trailing P/B ratios. The trend of increasing dividends is expected to remain strong.

AFL's earnings in the third quarter improved due to increased net investment income and lower operating costs. However, the positive effects were somewhat balanced out by decreased benefits and expenses in the Japan segment.

Aflac Incorporated (NYSE:AFL) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 8:00 AM ET. The call will feature several company leaders, including David Young, Dan Amos, and Max Broden, among others. Various analysts from different firms will also participate in the call.

While Aflac's (AFL) revenue and earnings per share (EPS) provide insight into its performance for the quarter ending September 2024, it is also important to look at how these figures stack up against Wall Street predictions and last year's results.

Aflac (AFL) reported quarterly earnings of $2.16 per share, which is higher than the Zacks Consensus Estimate of $1.70 per share. This is an increase compared to earnings of $1.84 per share from the same period last year.

AFL's third-quarter results are expected to show positive effects from better Group Life Absent Management and increased Disability sales in the U.S. However, this may be balanced out by a decrease in net premiums from the Japan segment.

Improved pricing, increased visibility, faster digital transformation, and strong capital are likely to enable BRK.B, MET, LNC, WTW, and AFL to exceed earnings expectations for the third quarter.