Athene (ATH) Stock Price, News & Analysis

Athene Holding Ltd. (NYSE:ATH) issued its quarterly earnings results on Wednesday, November, 3rd. The insurance provider reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.63. The insurance provider had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.57 billion. Athene had a trailing twelve-month return on equity of 14.35% and a net margin of 13.69%. The firm's revenue for the quarter was up 21.9% on a year-over-year basis. During the same period last year, the firm earned $1.53 EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Athene investors own include DocuSign (DOCU), AT&T (T), Alibaba Group (BABA), Intel (INTC), Applied Materials (AMAT), JD.com (JD), Okta (OKTA), Visa (V), Slack Technologies (WORK) and AbbVie (ABBV).

Athene (ATH) raised $952 million in an initial public offering (IPO) on Friday, December 9th 2016. The company issued 23,800,000 shares at $38.00-$42.00 per share. Goldman Sachs, Barclays, Citigroup and Wells Fargo Securities served as the underwriters for the IPO and BofA Merrill Lynch, BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley, RBC Capital Markets, BNP PARIBAS, BTIG, Evercore ISI, SunTrust Robinson Humphrey, UBS Investment Bank, Apollo Global Securities, Dowling & Partners Securities, Keefe, Bruyette & Woods (A Stifel Company), Lazard, Raymond James, Rothschild, Sandler O’Neill + Partners and The Williams Capital Group, L.P. were co-managers.