F&g Annuities & Life (FG 2.69%), a major provider of annuities and life insurance serving both retail and institutional clients, reported its financial results for the second quarter of fiscal 2025 on August 6, 2025. The headline news: adjusted earnings per share came in at $0.77, topping analyst expectations of $0.62 (Non- GAAP). Despite outperforming forecasts, the company posted steep year-over-year declines in both adjusted and net profits, as well as lower sales outside its record retail channel. The q ...