F&G Annuities & Life Reports Q3 Non-GAAP EPS of $0.74 and Revenue of $1.13B, Exceeding Estimates

F&G Annuities & Life (FG) reported third-quarter financial results that surpassed analyst expectations for both earnings and revenue. The company posted a non-GAAP earnings per share (EPS) of $0.74, beating consensus estimates by $0.08. Total revenue reached $1.13 billion, representing a significant beat of $399 million compared to previous projections. Despite the top-line beat, the company experienced a year-over-year revenue decline of 33.1%. The results highlight strong profitability relative to expectations despite shifting revenue scales.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

F&G Annuities & Life Reports Q3 Non-GAAP EPS of $0.74 and Revenue of $1.13B, Exceeding Estimates

Tickers: $FG

Topics: earnings beat non-GAAP EPS revenue report

Read the full article at Seeking Alpha

More World news