BHF - Brighthouse Financial Non-GAAP EPS of $2.86 misses by $0.38 revenue of $1.28B
2023-05-08 16:19:26 ET
- Brighthouse Financial press release ( NASDAQ: BHF ): Q1 Non-GAAP EPS of $2.86 misses by $0.38 .
- Revenue of $1.28B (-36.3% Y/Y).
- Estimated combined risk-based capital ("RBC") ratio between 460% and 480%; holding company liquid assets of $1.1 billion
- Annuity sales increased 35% over the first quarter of 2022
- Life sales increased 15% over the first quarter of 2022
- The company ended the first quarter of 2023 with common stockholders' equity ("book value") of $4.1 billion, or $60.16 per common share, and book value, excluding accumulated other comprehensive income ("AOCI") of $9.3 billion, or $138.62 per common share.
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Brighthouse Financial Non-GAAP EPS of $2.86 misses by $0.38, revenue of $1.28B