Fidelity & Guaranty (FGL) Tops Q1 EPS by 1c
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Fidelity & Guaranty Life Reports Fiscal First Quarter 2016 Results
February 3, 2016 4:15 PM ESTDES MOINES, Iowa, Feb. 3, 2016 /PRNewswire/ -- Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported net income of $48 million or $0.82 per diluted common share for the fiscal first quarter of 2016 ended on December 31, 2015(1). The Company reported adjusted operating income of $31 million, or $0.53 per diluted share, compared to adjusted operating income of $27 million or $0.46 per diluted share, in the prior year period.
The table below reconciles after-tax reported net income to adjusted operating income ("AOI").... More
