AEL - American Equity GAAP EPS of $3.41 beats by $2.65 revenue of $491.85M misses by $165.36M

• American Equity press release ( NYSE: AEL ): GAAP EPS of $3.41 beats by $2.65 .
• Revenue of $491.85M (-9.3% Y/Y) misses by $165.36M .
• Only notable item this quarter, the annual actuarial update, positively impacted non-GAAP operating income by $26.6 million, or $0.30 per common diluted share.
• Repurchased $154 million or 4.2 million common shares in Q3 2022 bringing total year-to-date to $522 million or 13.6 million shares

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