American Equity Investment (AEL) Surpasses Q3 Earnings and Revenue Estimates

Published on 7 Nov 2022 on Zacks via Yahoo Finance

American Equity Investment (AEL) Surpasses Q3 Earnings and Revenue Estimates

American Equity Investment (AEL) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 17.86%. A quarter ago, it was expected that this annuity and insurance underwriter would post earnings of $0.79 per share when it actually produced earnings of $0.98, delivering a surprise of 24.05%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Read the rest of the article

NASDAQ.GOCO price evolution

NYSE.AEL price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

News

American Equity Investment (AEL) Surpasses Q3 Earnings and Revenue Estimates

NASDAQ.GOCO price evolution

NYSE.AEL price evolution

Want to become a better investor?

Here's Why You Should Stay Invested in Primerica (PRI) Stock

Sumitomo Life Insurance Co. Lowers Stock Holdings in American Tower Co. (NYSE:AMT)

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Stake Lessened by Mirae Asset Global ...

Opinion | How did so many Americans’ retirement money end up in Bermuda?

Here's Why Hold Strategy is Apt for Corebridge (CRBG) Stock

Opportunity Zone Extension Likely on Hold Until 2025

The rich are getting second passports, citing risk of instability

Is Now the Time to Buy This Cheap, 6%-Yielding Dividend Stock Down 55% Since 2022?

Allspring Global Investments Holdings LLC Has $87.40 Million Position in Axon Enterprise, Inc....

American Equity Investment Life Holding (NYSE:AEL) Receives $50.00 Consensus Price Target from...