Fidelity & Guaranty (FGL) Misses Q2 EPS by 2c

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Fidelity & Guaranty Life Reports Fiscal Second Quarter 2017 Results

May 3, 2017 4:16 PM EDT

DES MOINES, Iowa, May 3, 2017 /PRNewswire/ -- Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today announced financial results for the fiscal second quarter of 2017.

Reported net income was $22 million or $0.38 per diluted share for the second quarter Adjusted operating income was $36 million or $0.62 per diluted share for the second quarter Total annuity sales were $732 million; including fixed indexed annuity ("FIA") sales of $438 million, up 5% over prior year Indexed universal life ("IUL") sales increased 27% over... More