Fidelity & Guaranty Posts 3Q Profit

DES MOINES, Iowa (AP) _ Fidelity & Guaranty Life (FGL) on Tuesday reported fiscal third-quarter profit of $10 million.

The Des Moines, Iowa-based company said it had profit of 16 cents per share. Earnings, adjusted for one-time gains and costs, were 82 cents per share.

The life insurance company posted revenue of $261 million in the period.

Fidelity & Guaranty shares have decreased 12 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.29, a fall of 14 percent in the last 12 months.

This story was generated by Automated Insights (http://ift.tt/1nCTSu9) using data from Zacks Investment Research. Access a Zacks stock report on FGL at http://ift.tt/2axu9Ug

Keywords: Fidelity & Guaranty Life, Earnings Report

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