American Equity Investment (AEL) Tops Q3 EPS by 99c

Go back to American Equity Investment (AEL) Tops Q3 EPS by 99c

American Equity Reports Third Quarter 2018 Results

November 5, 2018 4:15 PM EST

Company Highlights

Third quarter 2018 net income of $169.3 million or $1.85 per diluted common share Third quarter 2018 non-GAAP operating income1 of $171.1 million or $1.87 per diluted common share Third quarter 2018 annuity sales of $1.0 billion Policyholder funds under management of $50.6 billion Third quarter 2018 investment spread of 2.67% Estimated risk-based capital ratio of 386% compared to 378% at December 31, 2017

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- American Equity Investment Life Holding... More