Symetra (SYA) Sees FY12 EPS Below Views
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Symetra Financial Corporation (NYSE: SYA) today announced its earnings outlook for 2012. The company expects to generate 2012 adjusted operating income per diluted share of $1.25-$1.40, versus $1.41 expected on the Street.
Among the factors that could drive actual results toward the upper end, middle or lower end of the guidance range are changes in the interest rate environment; Benefits Division (formerly known as “Group”) loss ratio relative to long-term target; timing and success of product launches; amount of issuance and yields on commercial mortgage loans; returns on alternative investment portfolio; mortality experience; life and annuity sales levels; and achievement of target cash balances.
Among the factors that could drive actual results toward the upper end, middle or lower end of the guidance range are changes in the interest rate environment; Benefits Division (formerly known as “Group”) loss ratio relative to long-term target; timing and success of product launches; amount of issuance and yields on commercial mortgage loans; returns on alternative investment portfolio; mortality experience; life and annuity sales levels; and achievement of target cash balances.
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