Life and Annuity Issuers Prep for Q4 Earnings
January 16, 2019 by Allison Bell
Wall Street investors were already shunning life and annuity issuers in 2018, and that underlying current of negativity could help issuers muddle through the upcoming earnings season reasonably well.
Securities analysts at three firms — Keefe, Bruyette & Woods; Morgan Stanley; and Wells Fargo — talk about the possible effects of new stock market volatility, and pre-existing investor suspicion, in recent commentaries.
Publicly traded companies are scheduling their earnings announcement dates for results for the fourth quarter of 2018, and all of 2018, now.
Ameriprise Financial Inc., the life and annuity issuer that has been the first to post its earnings in recent quarterly earnings release periods, says it will publish fourth-quarter earnings Jan. 30.
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