Financial Results, Upcoming Earnings Conferences, and Acquisitions - Research Report on Travelers, Prudential, Aflac, Arthur J. Gallagher, and StanCorp
NEW YORK, October 25, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting The Travelers Companies, Inc. (NYSE: TRV), Prudential Financial, Inc. (NYSE: PRU), AFLAC Inc. (NYSE: AFL), Arthur J Gallagher & Co. (NYSE: AJG) and StanCorp Financial Group Inc. (NYSE: SFG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Travelers Companies, Inc. Research Report
On October 22, 2013, The Travelers Companies, Inc. (Travelers) declared Q3 2013 results. The Company's revenue came in at $6.5 billion, representing a decrease of 0.9% YoY. Operating income came in at $883 million, or $2.35 per diluted share, in Q3 2013, compared to $867 million, or $2.22 per diluted share in Q3 2012. Net income in Q3 2013 stood unchanged on YoY basis at $864 million, while earnings per diluted share during the quarter came in at $2.30, compared to $2.21 per diluted share in Q3 2012. Jay Fishman, Chairman and CEO at Travelers, said, "We are very pleased to report quarterly operating income per diluted share of $2.35, a record dating back to Travelers' initial public offering in 2002 and operating income of $883 million, as well as operating return on equity of 15.2%. Our strong results for the first nine months of this year enabled us to return almost $2 billion in capital to shareholders year-to-date through share repurchases and dividends, including almost $1 billion in the quarter." The Full Research Report on The Travelers Companies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0f44_TRV]
Prudential Financial, Inc. Research Report
On October 17, 2013, Prudential Financial, Inc. (Prudential) reported that it will release its Q3 2013 earnings on Wednesday, November 6, 2013, after market hours. The Company informed that the earnings news release, financial supplement, and related materials can be accessed via the Company's Investor Relations website. Prudential stated that the members of Prudential's senior management will hold a conference call on the following day, November 7, 2013, at 11:00 a.m. E.T., to review the Company's Q3 2013 results, as well as provide an update on the Company's financial outlook for 2014 and beyond. According to Prudential, the conference call and its replay will also be available at the Company's Investor Relations website. The Full Research Report on Prudential Financial, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/de80_PRU]
AFLAC Inc. Research Report
On October 22, 2013, AFLAC Inc. (Aflac) reported that it will release its Q3 2013 financial results after market hours on October 29, 2013. The Company informed that it will also conduct a conference call on the following day, October 30, 2013 at 9:00 a.m. EDT. Aflac stated that during the call, its Chairman and CEO, Dan Amos will discuss the Q3 2013 results and the Company's outlook, while other Aflac executives including, Aflac's President and CFO, Kriss Cloninger; President of Aflac Paul S. Amos II; President and COO of Aflac Japan Tohru Tonoike; President of Aflac U.S. and Executive Vice President; Deputy CFO of Aflac, Kenneth S. Janke; and Executive Vice President and Global Chief Investment Officer, Eric M. Kirsch, will also participate at the event and address the question and answer session. The Full Research Report on AFLAC Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/8042_AFL]
Arthur J Gallagher & Co. Research Report
On October 3, 2013, Arthur J Gallagher & Co. (Arthur J Gallagher) announced the successful acquisition of RJ Dutton Incorporated (RJ Dutton) of Overland Park, Kansas. According to the Company, RJ Dutton provides employee benefit consultation and brokerage services for primarily self-funded, large group clients throughout the United States. J. Patrick Gallagher, Jr., Chairman, President and CEO of Arthur J Gallagher commented, "RJ Dutton is well-regarded in the industry for its high level of industry expertise, strong market relationships and commitment to quality client service. Their culture is a natural fit and we look forward to expanding our benefits presence in the Kansas City area. Their areas of specialization will also be a great complement to our employee benefits operation, and we are pleased to welcome Ron and his colleagues to our growing Gallagher family of professionals." The Full Research Report on Arthur J Gallagher & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/66ae_AJG]
StanCorp Financial Group Inc. Research Report
On October 22, 2013, StanCorp Financial Group Inc. (StanCorp) reported its Q3 2013 financial results. The Company's total revenue stood at $702.0 million, down 1.6% YoY during the quarter. The Company reported net income of $59.0 million, or $1.32 per diluted share in Q3 2013, compared to net income of $44.9 million, or $1.01 per diluted share in Q3 2012. Greg Ness, Chairman, President and CEO at StanCorp, commented, "Our business lines reported excellent results for the third quarter of 2013, which included a very favorable group insurance benefit ratio and record earnings in our Asset Management segment. We are seeing the benefits from the pricing actions that we have taken and are executing on our plan to deliver long-term shareholder value." The Full Research Report on StanCorp Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d36d_SFG]
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