DES MOINES, Iowa (AP) _ Fidelity & Guaranty Life (FGL) on Wednesday reported fiscal fourth-quarter net income of $61 million.
The Des Moines, Iowa-based company said it had profit of $1.06 per share. Earnings, adjusted for non-recurring costs, came to $1.08 per share.
The life insurance company posted revenue of $435 million in the period.
For the year, the company reported profit of $223 million, or $3.83 per share. Revenue was reported as $1.53 billion.
Fidelity & Guaranty shares have increased 32 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $31.20, a climb of 31 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/2jTLlJt
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