Benzinga | Oct 29, 2020 05:03PM EDT

American Equity Inv Q3 EPS $0.99 Misses $1.03 Estimate, Sales $543.33M Miss $559.83M Estimate

American Equity Inv (NYSE:AEL) reported quarterly earnings of $0.99 per share which missed the analyst consensus estimate of $1.03 by 3.88 percent. This is a 61.02 percent decrease over earnings of $2.54 per share from the same period last year. The company reported quarterly sales of $543.33 million which missed the analyst consensus estimate of $559.83 million by 2.95 percent. This is a 7.97 percent decrease over sales of $590.41 million the same period last year.