Fidelity & Guaranty (FGL) Tops Q2 EPS by 17c
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Fidelity & Guaranty Life Reports Fiscal Second Quarter 2016 Results
May 4, 2016 4:17 PM EDTDES MOINES, Iowa, May 4, 2016 /PRNewswire/ -- Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported net income of $9 million or $0.16 per diluted common share for the fiscal second quarter of 2016 ended on March 31, 2016(1). The Company reported adjusted operating income of $43 million, or $0.73 per diluted share, compared to adjusted operating income of $23 million or $0.40 per diluted share, in the prior year period.
The table below reconciles after-tax reported net income to adjusted operating income ("AOI").... More
