Aflac (AFL Quick QuoteAFL - Free Report) reported $5.14 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.7%. EPS of $1.83 for the same period compares to $1.58 a year ago.

The reported revenue represents a surprise of +17.41% over the Zacks Consensus Estimate of $4.38 billion. With the consensus EPS estimate being $1.59, the EPS surprise was +15.09%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Aflac performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Tot. Ben. /Premium - Aflac Japan

  : 66.9% versus the three-analyst average estimate of 66.1%.

• Tot. Adj. Expenses/Total Adj. Rev. - Aflac U.S.

  36.9% compared to the 38.5% average estimate based on three analysts.

• Tot. Ben. /Premium - Aflac U.S.

  46.7% versus the three-analyst average estimate of 46.9%.

• Tot. Adj. Expenses/Total Adj. Rev. - Aflac Japan

  : 17.8% compared to the 19.5% average estimate based on three analysts.

• Total adjusted revenues- Aflac Japan

  : $2.45 billion compared to the $2.44 billion average estimate based on four analysts. The reported number represents a change of -9.7% year over year.

• Total adjusted revenues- Aflac Japan- Total net earned premiums

  : $1.72 billion compared to the $1.80 billion average estimate based on four analysts. The reported number represents a change of -16.9% year over year.

• Total adjusted revenues- Aflac Japan- Net investment income

  : $732 million versus $637.08 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.

• Total adjusted revenues- Aflac U.S.- Other income

  : $11 million compared to the $26.38 million average estimate based on four analysts. The reported number represents a change of -68.6% year over year.

• Revenues- Other income (loss)

  : $22 million versus $42.01 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -51.1% change.

• Revenues- Net investment income

  : $1.10 billion versus $886.70 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +9.6% change.

• Revenues- Total net earned premiums

  : $3.33 billion versus the five-analyst average estimate of $3.35 billion. The reported number represents a year-over-year change of -6.9%.

• Total adjusted revenues- Corporate and other

  : $249 million versus the two-analyst average estimate of $195.50 million. The reported number represents a year-over-year change of +77.9%.

View all Key Company Metrics for Aflac here>>>

Shares of Aflac have returned +6.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.