Athene Holding (ATH) Posts Q1 Loss of $0.60/Share

Athene Holding (NYSE: ATH) reported Q1 EPS of ($0.60), which may not compare to the analyst estimate of $0.06.

• Strong capital and liquidity position with excess capital of $2.7 billion1 and $6.3 billion2 of total available liquidity
• Attractive economics in core business model, with high predictability in fixed income portfolio and liability base
• Strong organic growth of $3.9 billion, increasing 8% sequentially and underwritten to target returns or better
• Net invested assets grew to $121.2 billion, increasing 7% year-over-year, while maintaining high credit quality across the portfolio
• Closed strategic transaction with Apollo at the end of February, eliminating any impediments for inclusion in a major stock index such as the S&P 500 and MidCap 400, and broadening Athene\'s investor appeal

For earnings history and earnings-related data on Athene Holding (ATH) click here.

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