American Equity Investment (AEL) Misses Q3 EPS by 4c

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American Equity Reports Third Quarter 2020 Results

October 29, 2020 4:15 PM EDT

Company Highlights

Third quarter 2020 net income available to common stockholders of $661.3 million or $7.17 per diluted common share including notable items Third quarter 2020 non-GAAP operating loss1 available to common stockholders of $(249.8) million or $(2.72) per diluted common share including notable items Third quarter 2020 non-GAAP operating income available to common shareholders of $91.1 million or $0.99 per diluted common share excluding notable items One notable item this quarter, the annual actuarial update, primarily reflective of changes in future expectations regarding low interest rates and option budgets Book value per... More