FBL Financial Group Q1 Profit Shrinks - Quick Facts

(RTTNews) - FBL Financial Group Inc. (FFG) Thursday reported first-quarter profit of $23.0 million or $0.91 per share, down from $25.0 million or $0.96 per share in the same period last year.

Operating income for the quarter was $23.1 million or $0.92 per share. Analysts, based on consensus, expected the company to earn $0.93 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $168.54 million from $168.05 million last year. Premiums and product charges totaled $72.6 million, compared to $70.2 million last year. Net-investment income improved to $92.6 million from $90.8 million last year.