NEW YORK (TheStreet) -- Shares of Aflac (AFL - Get Report) are down -3.48% to $60.94 as the largest seller of supplemental health insurance said new annualized premium sales in the U.S. fell 8.2% in the second quarter to $334 million. In Japan, its biggest market sales declined 7.7%, Bloomberg reports.
The company said that reflecting the weaker yen/dollar exchange rate, total revenues fell 3.4% to $5.8 billion during the quarter, compared with $6 billion in the second quarter of 2013. Net earnings were $810 million, or $1.78 per diluted share, compared with $889 million, or $1.90 per share, a year ago.
Must Read: Warren Buffett's 25 Favorite Stocks
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts