AEG Earnings Prediction
The chart below shows how AEG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AEG sees a -0.68% change in stock price 10 days leading up to the earnings, and a -0.57% change 10 days following the report. On the earnings day itself, the stock moves by -0.70%. This data can give you a slight idea of what to expect for the next quarter's release.
AEG Key Earning Data
2024/Q4
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Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
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No Data Available
AEG Earnings Analysis
Aegon Ltd. Corporation (AEG.N) Earnings Conference Call
Positive
Operating Capital Generation Increase: Operating capital generation reached $336 million in Q3 2024, contributing to a year-to-date total of over EUR 900 million, leading to an increased full-year guidance of EUR 1.2 billion, up from the previous EUR 1.1 billion.
Shareholder Capital Return: Aegon returned over EUR 650 million to shareholders through dividends and share buybacks in Q3 2024, demonstrating a strong commitment to capital return.
Agent Growth Increase: The number of licensed agents in the World Financial Group increased by 19% year-over-year to over 82,000, supporting the company's growth strategy in the Americas.
UK Workplace Net Deposits: Net deposits in the UK Workplace platform reached GBP 865 million in Q3 2024, driven by new scheme onboarding and higher contributions, reflecting strong market momentum.
Strong Net Deposits Growth: The global Asset Management business recorded strong third-party net deposits of EUR 2.8 billion in Q3 2024, contributing to a EUR 29 billion increase in assets under management compared to the previous year.
Negative
US Sales Decline: New Life sales in the US decreased by 6% year-on-year to EUR 112 million, primarily due to lower index Universal Life sales.
Retirement Plans Net Outflows: The retirement plans business experienced net outflows of $373 million, attributed to higher customer withdrawals and contract discontinuances.
International Sales Decline: New Life sales in the international segment fell by 17% compared to the same quarter last year, totaling EUR 65 million, due to cyclical headwinds in Spain, Portugal, and Brazil.
Net Outflows Reported: The UK Advisor Platform reported net outflows of GBP 960 million, impacted by ongoing consolidation and elevated withdrawals in non-target advisor segments.
RBC Ratio Decline: The US RBC ratio decreased by 11 percentage points to 435%, primarily due to the termination of a block of universal life policies, which negatively impacted the ratio by 16 percentage points.
