Aflac shares dip as analysts weigh in on offered financial outlook

Shares of Aflac Incorporated (NYSE:AFL ) fell by 3% as the insurer commenced its annual financial analysts briefing.

Analyst Thomas Gallagher from Evercore ISI commented on the company's pre-released slideshow, noting that some of the guidance appeared "a bit initially disappointing."

Despite the initial reaction, Gallagher also observed that Aflac has significantly exceeded its 2024 margin guide, especially in Japan. This performance might indicate that the company is maintaining a conservative approach in its target setting.

Morgan Stanley (NYSE:MS ) analysts also commented:

"While guidance range was generally in-line with consensus expectations, the company made a strong case on how Aflac can take advantage of the long term secular trends in both Japan and the US. The company's focus on aging population, retirement, and protection should have durable impact."

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Source: Investing.com