American Equity Investment Life Holding Q4 Earnings Preview
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/AEL'>American Equity Investment Life Holding Company (NYSE:AEL) </a>ahead of the company’s Q4 results, expected to be reported in mid-February.</p>
<p>The brokerage raised its Q4 EPS estimate to $1.00 from $0.92 which reflects modestly lower DAC amortization, higher reserve financing savings and other small adjustments to asset flows and yield assumptions. For the full 2021-year the analysts now estimate EPS of $3.26, up from $3.18 prior, with no adjustments to their 2022 and 2023 estimates.</p>
<p>The analysts increased their price target on the company’s shares to $47 from $41 in view of the company's recently closed equity placement with Brookfield Reinsurance.</p>

NYSE:AEL