American Equity Reports Fourth Quarter and Full Year 2018 Results

Go back to American Equity Reports Fourth Quarter and Full Year 2018 Results

American Equity Investment Life Holding (AEL) PT Lowered to $37 at RBC Capital

February 8, 2019 6:23 AM EST

RBC Capital analyst Kenneth Lee lowered the price target on American Equity Investment Life Holding (NYSE: AEL) to $37.00 (from $39.00) while maintaining a Outperform rating.

... More

American Equity Investment (AEL) Tops Q4 EPS by 9c

February 6, 2019 4:22 PM EST

American Equity Investment (NYSE: AEL) reported Q4 EPS of $0.99, $0.09 better than the analyst estimate of $0.90.

Fourth quarter 2018 net income of $53.8 million or $0.59 per diluted common share; Full year 2018 net income of $458.0 million or $5.01 per diluted common shareFourth quarter 2018 non-GAAP operating income1 of $90.3 million or $0.99 per diluted common share; Full year 2018 non-GAAP operating income1 of $425.7 million or $4.66 per diluted common shareFourth quarter 2018 annuity sales of $1.1 billionPolicyholder funds under management of $51.1 billionFourth quarter 2018 investment spread of 2.56%Risk-based capital ratio at December 31, 2018 (after change in tax factors) of 360%Annual... More