earnings
confidence high
sentiment negative
materiality 0.75
American Equity Q4 net loss of $0.34/share; non-GAAP operating EPS $0.79
American National Group Inc.
2022-FY EPS reported
$12.86
revenue$1,415,501,000
- Q4 2022 net loss available to common stockholders of $29.4M ($0.34/diluted share) vs net income $82.2M ($0.88) in Q4 2021.
- Non-GAAP operating income available to common stockholders $67.9M ($0.79/diluted share) vs $75.8M ($0.81) a year ago.
- Private asset allocation reached 22% of portfolio; $1.4B sourced in Q4 at average yield 7.02%.
- Fee-generating reinsurance balances grew to $9.6B, up $4B from prior quarter, including $3.8B from 26North Re deal.
- FIA sales rose 7% sequentially to $783M; Eagle Life channel up 42% QoQ.