Athene Holding (ATH) Misses Q1 EPS by 22c, Revenues Miss
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Athene Holding Ltd. Reports First Quarter 2019 Results
May 7, 2019 7:00 AM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Athene Holding Ltd. ("Athene") (NYSE: ATH), a leading provider of retirement savings products, today announced financial results for the first quarter 2019.
Net income for the first quarter 2019 was $708 million, or $3.64 per diluted Class A share ("diluted share"), compared to net income for the first quarter 2018 of $277 million, or $1.40 per diluted share. The increase from the prior year quarter was driven by favorable changes in the fair value of reinsurance assets1 related to the decrease in Treasury rates.
Adjusted operating income2 for the first quarter 2019 was $287 million,... More
