American Equity Investment (AEL) Tops Q3 EPS by 10c
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American Equity Reports Third Quarter 2021 Results
November 8, 2021 4:15 PM ESTCompany Highlights
Third quarter 2021 net income available to common stockholders of $141.9 million, or $1.53 per diluted common share compared to net income available to common stockholders of $661.3 million, or $7.17 per diluted common share, for third quarter 2020 Third quarter 2021 non-GAAP operating income available to common stockholders, excluding notable items1, of $136.3 million, or $1.46 per diluted common share Only notable item this quarter, the annual actuarial update, negatively impacted non-GAAP operating income1 by $56.8 million, or $0.61 per diluted common share Closed industry re-defining reinsurance partnership with Brookfield Asset Management... More