FBL Financial (FFG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
FBL Financial (FFG) delivered earnings and revenue surprises of 6.67% and 4.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the first quarter of 2021 of $27.7 million, or $1.13 per diluted common share, compared to a net loss of $2.5 million, or $0.10 per diluted common share, for the first quarter of 2020. Adjusted operating income(1) totaled $23.5 million, or $0.96 per common share, for the first quarter of 2021, compared to $19.6 million, or $0.79 per common share, for the first quarter of 2020. First quarter 2021 earnings reflect: