Landamerica Financial Grp (FG) Tops Q1 EPS by 3c

Landamerica Financial Grp (NYSE: FG) reported Q1 EPS of $0.28, $0.03 better than the analyst estimate of $0.25.

• Net income available to common shareholders was $45 million or $0.21 per diluted share
• Adjusted operating income (AOI)1 available to common shareholders was $61 million or $0.28 per diluted share
• Total annuity sales were $778 million in the quarter, up 6 percent over prior year
• Average assets under management increased to $25.0 billion, up 24 percent over prior year

For earnings history and earnings-related data on Landamerica Financial Grp (FG) click here.

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