American Equity Investment Life Reports EPS of $0.41 vs. $0.44; Revenue $484.4M vs. $266.06M

American Equity Investment Life Holding Company AEL today reported operating income for the year 2010 of $108.9 million, or $1.70 per diluted common share, an increase of 7% over 2009 operating income of $101.8 million or $1.75 per diluted common share. 2010 fourth quarter operating income was $26.4 million, or $0.41 per diluted common share, a decrease of 8% compared to 2009 fourth quarter operating income of $28.7 million or $0.48 per diluted common share. Total revenues: $484.4M