F&G Annuities & Life Q4 Adj EPS $0.60 Misses $1.05 Estimate
Portfolio Pulse from Benzinga Newsdesk
F&G Annuities & Life (NYSE:FG) reported Q4 adjusted earnings of $0.60 per share, missing the consensus estimate of $1.05 by 42.86%.
February 21, 2024 | 9:25 pm
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NEGATIVE IMPACT
F&G Annuities & Life reported Q4 adjusted EPS of $0.60, missing estimates by 42.86%.
Missing earnings estimates by a significant margin often leads to negative investor sentiment and can cause a short-term decline in stock price. Given the magnitude of the miss (42.86%), it's likely that FG's stock will face downward pressure in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100