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F&G Annuities & Life (NYSE:FG) Issues Earnings Results
F&G Annuities & Life (NYSE:FG) reported Q4 earnings of $0.91 EPS, significantly missing analyst estimates of $1.40, with revenue of $739 million also falling short of the $1.55 billion expectation. Following the earnings release, the company’s shares dropped to $27.74, trading near its 52-week low. Despite the miss, insiders recently made purchases, with CEO Christopher Blunt buying 5,000 shares, and institutional investors hold a significant portion of the stock.