BHF - Brighthouse Financial Q4 net investment income premiums drift lower
Brighthouse Financial (NASDAQ:BHF) Q4 results reflected a decrease in net investment income and premiums over the previous quarter. Meanwhile, shares of BHF gain 3.1% in after-hours trading on light volume. Q4 net investment income of $1.2B fell from $1.28B in the third quarter. Q4 premiums were $168M, down from $193M in Q3 and $191M in the year-ago period. Total revenues of $2.01B fell short on the $2.20B consensus and compared with $2.51B in Q3. Q4 expenses of $1.96B also declined from $2.02B in the previous quarter. Book value of $185.48 per share in Q4 fell from $188.90 in Q4 a year ago. Conference call starts on Feb. 11 at 8:00 a.m. ET. Earlier, Brighthouse Financial Q4 EPS of $.02 beat the consensus by $0.50 and down from $5.41 in the third quarter.
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Brighthouse Financial Q4 net investment income, premiums drift lower