F&G Annuities & Life Q2 EPS $0.63 Misses $0.94 Estimate, Sales $1.17B Beat $784.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
F&G Annuities & Life (NYSE:FG) reported Q2 earnings of $0.63 per share, missing the analyst consensus estimate of $0.94 by 32.98%. This is a 56.55% decrease from the same period last year. However, the company reported quarterly sales of $1.17 billion, beating the analyst consensus estimate of $784.00 million by 48.98%, a 1.57K% increase from the same period last year.
August 08, 2023 | 8:40 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
F&G Annuities & Life's Q2 earnings missed estimates by 32.98%, but sales significantly beat estimates by 48.98%, a 1.57K% YoY increase.
F&G Annuities & Life's earnings miss could negatively impact the stock price. However, the significant beat on sales, which increased by 1.57K% YoY, could offset this negative impact, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100