Education
About Us
Working with TipRanks
Follow Us
F&G Annuities & Life Inc (FG)
NYSE:FG
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.81Last Year’s EPS
1.1Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -13.15%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with a record AUM and strong sales in fixed indexed annuities, but faced challenges with a decline in MYGA sales and lower adjusted net earnings. The operating expense ratio improved, yet margin compression and underperformance in alternative investments were notable concerns.Company Guidance
In F&G's First Quarter 2025 earnings call, the company provided several key metrics and guidance updates. The firm reported a record AUM before flow reinsurance of $67.4 billion as of March 31, reflecting a 16% increase from the previous year, with retained assets under management at $54.5 billion, up 9%. Gross sales were $2.9 billion, a 17% decline from the prior year, largely due to reduced MYGA sales, while indexed annuity sales stood strong at $1.5 billion. Adjusted net earnings (ANE) were $91 million, or $0.72 per share, down from $108 million, or $0.86 per share, in Q1 2024, primarily due to margin compression and higher interest expenses. Despite short-term pressures, including a 22 basis point increase in the cost of funds to 318 basis points, the company expects improvement in key drivers throughout 2025 and remains committed to meeting its 2023 Investor Day targets. The investment portfolio's credit quality has improved, and the fixed income yield was 4.53%, with the real estate exposure being of high quality and moderate leverage. The firm completed capital market activities, including issuing $375 million of junior subordinated notes and redeeming $300 million of senior notes, maintaining a debt to capitalization target of approximately 25%, excluding AOCI.Record Assets Under Management
F&G reported record AUM before flow reinsurance of $67.4 billion as of March 31, reflecting a 16% increase compared to the first quarter of 2024.
Strong Fixed Indexed Annuity Sales
Indexed annuity sales were strong at $1.5 billion in the first quarter, in line with the first quarter of 2024, showing resilience in a volatile market.
Improved Operating Expense Ratio
The ratio of operating expenses to AUM before flow reinsurance decreased to 58 basis points in the quarter from 63 basis points a year ago, indicating better efficiency.
Quality Investment Portfolio
The retained investment portfolio is high quality, with 96% of fixed maturities being investment-grade, and real estate exposure is high quality with moderate leverage.
FG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $35.67 | $30.50 | -14.49% |
Feb 20, 2025 | $43.49 | $39.69 | -8.74% |
Nov 06, 2024 | $46.62 | $44.45 | -4.65% |
Aug 05, 2024 | $36.27 | $37.59 | +3.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does F&G Annuities & Life Inc (FG) report earnings?
F&G Annuities & Life Inc (FG) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is F&G Annuities & Life Inc (FG) earnings time?
F&G Annuities & Life Inc (FG) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FG EPS forecast?
FG EPS forecast for the fiscal quarter 2025 (Q2) is 0.81.