Overview
Insurance provider's adjusted EPS for Q4 missed analyst expectations
Company announced strategic sale of Bermuda subsidiary
Outlook
Company plans to sell Bermuda subsidiary in Q1 2026
F&G focuses on fee-based, higher margin business model
Result Drivers
RECORD AUM - F&G achieved record assets under management of $73.1 bln, driven by strong sales in core products
INVESTMENT PORTFOLIO - 97% of fixed maturities in the portfolio are investment grade, with low credit-related impairments
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Adjusted EPS | Miss | $0.91 | $1.20 (2 Analysts) |
Q4 EPS | $0.92 | ||
Q4 Adjusted Net Income | Miss | $123 mln | $186 mln (2 Analysts) |
Q4 Net Income | $124 mln |
Analyst Coverage
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 $32.00, about 11.1% above its February 18 closing price of $28.79
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago
Press Release: ID:nPn3QbMJHa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Comments