Athene Holding Ltd. (NYSE:ATH) is set to announce third quarter earning results on Tuesday 3rd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ATH to report 3Q20 income of $ 1.10 per share.
For the full year, analysts anticipate top line of $ 4994.36 million, while looking forward to income of $ 4.75 per share bottom line.
Previous Quarter Performance
Athene Holding Ltd. came out with income for the second quarter of $ 0.58 per share, from the revenue of $ 4,398.00 million. The quarterly earnings 70.26 percent while revenues up 226.99 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.71 per share from $ 1000.58 million in revenue. The bottom line results missed street analysts by $ 1.13 or 66.08 percent, at the same time, top line results outshined analysts by $ 3,397.42 million or 339.55 percent.
Stock Performance
Shares of Athene Holding Ltd. traded up $ 0.34 or 1.06 percent on Monday, reaching $ 32.42 with volume of 1.39 million shares. Athene Holding Ltd. has traded high as $ 32.74 and has cracked $ 32.11 on the downward trend
The closing price of $ 32.42, representing a 139.94 % increase from the 52 week low of $ 13.37 and a 36.39 % decrease over the 52 week high of $ 50.43.
The company has a market capital of $ 6.30 billion and is part of the Financial Services sector and Insurance – Diversified industry.
Conference Call
Athene Holding Ltd. will be hosting a conference call at 10:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.athene.com
Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products in the United States and Bermuda. It offers fixed deferred, immediate, and payout annuities; and funding agreements and pension risk transfer products to institutional investors. The companys products are designed for individuals and institutions seeking to fund retirement needs.
