F&G Annuities & Life Inc (NYSE:FG) Reports Strong Q3 2025 Earnings Beat

F&G Annuities & Life Inc (NYSE:FG) has reported financial results for the third quarter of 2025 that significantly surpassed analyst projections. The earnings release, dated November 6, 2025, indicates robust growth in both top-line revenue and profitability, leading to a positive near-term performance in the company's stock.

Earnings and Revenue Performance

The company's third-quarter results demonstrated considerable strength, with both revenue and earnings per share coming in well ahead of market expectations. The performance highlights the company's ability to capitalize on demand for its insurance and annuity products.

• Revenue: The company reported revenue of $1.69 billion for the quarter, a substantial increase of 16.5% compared to the same period last year. This figure comfortably exceeded the analyst consensus estimate of $1.44 billion.
• Earnings Per Share (Non-GAAP): On the profitability front, F&G reported non-GAAP earnings per share of $1.22. This represents a significant beat, landing 25.4% above the analyst estimate of $0.97 per share.

The scale of these beats suggests strong underlying business execution, potentially driven by increased sales volumes, favorable product mix, or effective cost management during the quarter.

Market Reaction

The market's response to the earnings report has been measured but positive. In the immediate aftermath of the release, the stock's after-market performance showed no significant movement. However, when viewed over a slightly longer horizon, a positive trend emerges. The stock has posted gains over the past week and month, indicating that investor sentiment was building positively leading into the earnings announcement and has likely been reinforced by the strong results. This pre-earnings momentum often reflects market anticipation of a favorable report.

Business Outlook and Analyst Estimates

While the press releases confirm the reporting of Q3 2025 results, they do not provide a specific quantitative financial outlook for the coming periods from management. In the absence of formal guidance, investor attention will naturally turn to the prevailing analyst estimates for future performance. These estimates set a benchmark against which the company's future results will be measured.

• Q4 2025 Estimates: Analysts are forecasting revenue of $1.50 billion and earnings per share of $1.26 for the fourth quarter.
• Full-Year 2025 Estimates: For the full fiscal year 2025, the analyst consensus projects revenue of $5.28 billion and earnings per share of $3.80.

The company's ability to meet or exceed these estimates in subsequent quarters will be a key driver of its stock price trajectory. The lack of company-provided guidance is a neutral factor and does not inherently explain the current market reaction, which appears to be primarily focused on the achieved Q3 outperformance.

Summary of Press Release

The primary takeaway from the press release is the announcement of F&G's strong financial results for the third quarter ended September 30, 2025. The company, a leading provider of retail annuities, life insurance, and institutional funding agreements, highlighted its performance without delving into forward-looking financial projections. The report serves to officially communicate the quarterly figures that have now been absorbed and analyzed by the market.

For a detailed breakdown of historical earnings, future estimates, and analyst projections, you can review the data available on the F&G Annuities & Life earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.