American Equity Investment Life Holding Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 1,055.13 million compared to USD 652.34 million a year ago. Net loss was USD 465 million compared to net income of USD 32.57 million a year ago. Basic loss per share from continuing operations was USD 6.04 compared to basic earnings per share from continuing operations of USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 6.04 compared to diluted earnings per share from continuing operations of USD 0.25 a year ago.
For the full year, revenue was USD 2,835.97 million compared to USD 1,413.83 million a year ago. Net income was USD 210.53 million compared to USD 1,920.22 million a year ago. Basic earnings per share from continuing operations was USD 2.1 compared to USD 20.72 a year ago. Diluted earnings per share from continuing operations was USD 2.06 compared to USD 20.5 a year ago.