American Equity Investment (AEL) Tops Q4 EPS by 9c
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American Equity Reports Fourth Quarter and Full Year 2018 Results
February 6, 2019 4:15 PM ESTCompany Highlights
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 share Fourth 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 share Fourth quarter 2018 annuity sales of $1.1 billion Policyholder funds under management of $51.1 billion Fourth quarter 2018 investment spread of 2.56% Risk-based capital ratio at December 31,... More