F&G Annuities & Life Inc reports results for the quarter ended June 30 - Earnings Summary

• F&G Annuities & Life Inc FG.N reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.06. The mean expectation of two analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 50 cents to 64 cents per share.

• Revenue rose 16.4% to $1.36 billion from a year ago; analysts expected $1.18 billion.

• F&G Annuities & Life Inc's reported EPS for the quarter was 26 cents​.

• The company reported quarterly net income of $35 million.

• F&G Annuities & Life Inc shares had risen by 1.3% this quarter and lost 21.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 41.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the life & health insurance peer group is "buy."

• Wall Street's median 12-month price target for F&G Annuities & Life Inc is $35.50, about 6.6% above its last closing price of $33.15

This summary was machine generated from LSEG data August 6 at 10:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)