Athene Holding (ATH) Latest Earnings Release Tops EPS By $0.63

Athene Holding (ATH) announced its most recent quarterly financial results on Wednesday, Mar-15-2017. ATH said it had a profit of $1.80 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.63. Analysts had a consensus of $1.17. The company posted revenue of $1062.00 million in the period, compared to analysts expectations of $786.45 million. ATH’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 EPS.

Based on several research reports , Athene Holding was Initiated by JP Morgan to “Neutral” on Jan 27, 2017. Athene Holding was Initiated by Sandler O’Neill to “Hold” on Jan 20, 2017. BMO Capital Markets Initiated Athene Holding on Jan 6, 2017 to “Market Perform”, Price Target of the shares are set at $49.UBS Initiated Athene Holding on Jan 4, 2017 to “Neutral”, Price Target of the shares are set at $52.Barclays Initiated Athene Holding on Jan 3, 2017 to “Overweight”, Price Target of the shares are set at $54.

Athene Holding opened for trading at $50.82 and hit $52.4 on the upside on Wednesday, eventually ending the session at $51.4, with a gain of 1.78% or 0.9 points. The heightened volatility saw the trading volume jump to 9,96,168 shares. Company has a market cap of $11,703 M.

Athene Holding

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