FBL Financial Group (FFG) Reports Q2 Earnings, Maintains FY Outlook

August 6, 2008 4:21 PM EDT

FBL Financial Group Inc (NYSE: FFG) reports Q2 operating income of $0.70 (net loss of $0.56) vs. the analyst estimate for $0.73 profit. Revenues for the quarter were $144 million, versus the consensus of $243.36 million.

While subject to volatility resulting from a number of factors, including mortality experience and investment results, FBL maintains its full year 2008 operating income guidance of a range of $2.70 to $2.85 per common share. Because realized gains or losses on investments and unrealized gains and losses on derivatives cannot reasonably be estimated, FBL Financial Group only provides operating income guidance and not net income guidance. (Consensus is $2.71)


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