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AFLAC Inc. (AFL) Climbed Sharply After Q1 Report

AFLAC Inc. (AFL) reported first quarter operating EPS of $1.74 after the close Tuesday, up from 1.62 in the previous year. The consensus estimate was for EPS of $1.65. The company expects to report full year 2012 operating EPS of $6.46 to $6.65. The consensus estimate is for EPS of $6.48.

AFLAC gapped open sharply higher Wednesday and rose in early trade, but settled into a range for the majority of the session. The stock closed up by 3.26 at $45.26, with volume at nearly a 3-month high. AFLAC climbed to a 3-week high and re-crossed its 200-day moving average.

by RTTNews Staff Writer

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