8-K
filed February 21, 2024, 6:59 PM ET
ticker FG
CIK 0001934850
earnings
confidence high
sentiment neutral
materiality 0.75
F&G Q4 net loss $299M ($2.41/sh), adj. EPS $0.60; FY net loss $58M, record sales $13.2B
F&G Annuities & Life, Inc.
2023-FY EPS reported
-$0.47
revenue$4,500,000,000
- Q4 net loss of $299M ($2.41/sh); FY 2023 net loss of $58M ($0.47/sh).
- Adjusted net earnings: Q4 $75M ($0.60/sh); FY $335M ($2.68/sh).
- Record Q4 gross sales of $4.1B (+52% YoY); FY gross sales $13.2B (+17% YoY).
- AUM $49.5B (+14% YoY); RBC ratio ~440% (target 400%).
- Board declared $0.21/sh dividend payable Mar 29; FNF $250M preferred investment closed Jan 16.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
F&G Annuities & Life, Inc. reported the full year ended December 31, 2023 results: revenue $13.2 billion, net income Net loss for the full year of $58 million, EPS $0.47 per share.
- Period
- the full year ended December 31, 2023
- Revenue
- $13.2 billion
- Net income
- Net loss for the full year of $58 million
- EPS
- $0.47 per share
- Result
- reported results
Exact text from the filing
for F&G continues: Record gross sales of $4.1 billion for the fourth quarter, an increase of 52% over the fourth quarter 2022. For the full year 2023, record gross sales of $13.2 billion, an increase of 17% over the full year 2022 driven by record retail channel sales and robust institutional market sales • Record asset growth: Record assets under management
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
F&G Annuities & Life, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $4.1 billion, net income Net loss for the fourth quarter of $299 million, EPS $2.41 per diluted share.
- Period
- the fourth quarter ended December 31, 2023
- Revenue
- $4.1 billion
- Net income
- Net loss for the fourth quarter of $299 million
- EPS
- $2.41 per diluted share
- Result
- reported results
Exact text from the filing
Results” and “Non-GAAP Measures and Other Information” for further explanation. Company Highlights • Record profitable gross sales for F&G continues: Record gross sales of $4.1 billion for the fourth quarter, an increase of 52% over the fourth quarter 2022. For the full year 2023, record gross sales of $13.2 billion, an increase of 17% over the full year 2022
View on SEC.gov
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