earnings
confidence high
sentiment negative
materiality 0.65
F&G pre-announces Q3 alt-investment income of $47-57M, $55M post-tax below target
F&G Annuities & Life, Inc.
- Estimated Q3 2026 investment income from alternative investments of $47M-$57M pre-tax; midpoint equals roughly a 5% annualized return.
- Shortfall versus management's current long-term expected return of ~12% is estimated at $70M pre-tax and $55M post-tax.
- Income includes mark-to-market moves on limited partnerships, unconsolidated affiliates and COLI, generally reported on a one-quarter lag.
- Full Q3 results are scheduled for release November 5, 2026, with an earnings call on November 6, 2026; F&G says actuals could differ materially.