Earnings Preview: F&G Annuities & Life
Portfolio Pulse from Benzinga Insights
F&G Annuities & Life (NYSE:FG) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $1.05. Despite a miss in the last quarter's EPS, the company's stock price increased by 14.33% the following day. Historically, the company's performance has shown mixed results in beating EPS estimates, affecting stock price movements. Shares have risen 117.63% over the last 52 weeks, indicating a positive outlook among long-term investors.
February 20, 2024 | 4:01 pm
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F&G Annuities & Life is expected to report an EPS of $1.05 for the upcoming quarter. Historical data shows mixed results in beating EPS estimates, but shares have significantly appreciated over the past year.
Given the historical performance and the significant appreciation in share price over the past year, there is a positive sentiment among investors. Although the company missed the EPS estimate last quarter, the stock price still increased, indicating that investors may be focusing more on future growth prospects and guidance rather than past performance. The expected EPS of $1.05 and the company's past ability to recover from misses could suggest a positive short-term impact on the stock price, especially if the company beats the estimate or provides positive guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100