Fidelity & Guaranity (FGL) Tops Q4 EPS Views by 20c

Fidelity & Guaranity (NYSE: FGL) reported Q4 EPS of $0.72, versis the analyst estimate of $0.52. Revenue for the quarter came in at $150 million versus the consensus estimate of $257.18 million.

Net investment income was $223 million for the quarter, an increase of 11% compared to $201 million for the same period last year. This growth was driven by increases in average assets under management ("AAUM") and earned yields. AAUM increased $1.4 billion or 8% over the prior year due to sales growth and stable policy owner retention trends.

For earnings history and earnings-related data on Fidelity & Guaranity (FGL) click here.

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