FBL Financial Group (FFG) Releases Earnings Results, Misses Expectations By $-0.01 EPS

FBL Financial Group (FFG) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $1.02 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $1.03. The company posted revenue of $181.30 million in the period, compared to analysts expectations of $176.97 million. The company’s revenue was down -2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.

FBL Financial Group closed down -0.04 points or -0.07% at $61.02 with 16,940 shares getting traded on Tusday. Post opening the session at $61.04, the shares hit an intraday low of $60.6 and an intraday high of $61.4025 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on May 16, 2016, Charles Happel (Chief Investment Officer) sold 2,126 shares at $60.17 per share price. According to the SEC, on Nov 12, 2015, Donald Seibel (CFO & Treasurer) sold 3,396 shares at $66.13 per share price. On Jun 23, 2015, Scott Vanderwal (director) sold 2,000 shares at $58.32 per share price, according to the Form-4 filing with the securities and exchange commission.

FBL Financial Group Inc. sells individual life and annuity products principally under the consumer brand name of Farm Bureau Financial Services. This brand is represented by the distribution channel of its subsidiary Farm Bureau Life Insurance Company (Farm Bureau Life). As of December 31 2014 the Company’s Farm Bureau Life distribution channel consisted of 1795 exclusive agents and agency managers who sell its products in the Midwestern and Western sections of the United States. The Company’s segments include Annuity Segment which sells a variety of traditional annuity products; Life Insurance Segment which sells a variety of traditional and universal life insurance products and Corporate and Other segment which provides various support operations corporate capital and other product lines. In addition in the state of Colorado the Company offers life and annuity products through Greenfields Life Insurance Company (Greenfields Life).

FBL Financial Group

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