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

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Fidelity & Guaranty Life Reports Fiscal Fourth Quarter 2015 Results

November 18, 2015 3:04 PM EST

DES MOINES, Iowa, Nov. 18, 2015 /PRNewswire/ -- Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported net income of $30 million or $0.51 per diluted common share, for the fiscal fourth quarter of 2015 ended on September 30, 2015(1). The Company reported adjusted operating income of $42 million, or $0.72 per diluted share, compared to adjusted operating income of $28 million, or $0.48 per diluted share, in the prior year period.

The table below reconciles after-tax reported net income to adjusted operating income ("AOI").... More