F&G Annuities & Life, Inc. (FG) Q1 Earnings and Revenues Miss Estimates

Company Performance - F&G Annuities & Life, Inc. reported quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $1.19 per share, and down from $0.86 per share a year ago, representing an earnings surprise of -39.50% [1] - The company posted revenues of $908 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 38.36%, compared to $1.57 billion in revenues a year ago [2] - Over the last four quarters, the company has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - F&G Annuities & Life, Inc. shares have lost about 14.1% since the beginning of the year, while the S&P 500 has declined by -4.7% [3] - The current status of estimate revisions is unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $1.20 on revenues of $1.52 billion, and for the current fiscal year, it is $5.05 on revenues of $6.18 billion [7] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call [3][4] Industry Context - The Insurance - Life Insurance industry is currently in the bottom 43% of over 250 Zacks industries, suggesting that the outlook for the industry can materially impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]