Fidelity & Guaranty (FGL) Tops Q4 EPS by 9c; Avg. AUM Rose 6%
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Fidelity & Guaranty Life Reports Fiscal Fourth Quarter 2016 Results
November 16, 2016 4:15 PM ESTDES MOINES, Iowa, Nov. 16, 2016 /PRNewswire/ -- Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported net income of $30 million or $0.52 per diluted common share, for the fiscal fourth quarter of 2016 ended on September 30, 2016(1). The Company reported adjusted operating income of $40 million, or $0.69 per diluted share, compared to adjusted operating income of $42 million, or $0.72 per diluted share, in the prior year period.
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The table below reconciles reported after-tax net income to adjusted operating income ("AOI").... More
