American Equity Investment (AEL) Reports In-Line Q1 EPS

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Go back to American Equity Investment (AEL) Reports In-Line Q1 EPS

American Equity Reports Solid Results in line with Expectations

May 4, 2022 4:15 PM EDT

Company Highlights

Q1 2022 net income available to common stockholders of $555.3 million, or $5.67 per diluted common share Non-GAAP operating income1 available to common stockholders for the first quarter 2022 was $89.9 million, or $0.92 per diluted common share Repurchased $253 million or 6.3 million common shares year-to-date as of April 30 Private asset deployment momentum continues with approximately $900 million sourced in the quarter American Equity and Brookfield's North End Re (Cayman) SPC expand reinsured products,... More