BHF - Brighthouse Financial stock gains 2.2% after Q1 earnings beat by a wide margin

Brighthouse Financial (BHF) stock climbs 2.2% after Q1 earnings fly past the average analyst estimate as annuities sales grew and life sales jumped from a year ago.Q1 adjusted EPS, less notable items, of $4.86 per share, beats the $2.50 consensus estimate and increased from $2.60 in the year-ago quarter.Book value, excluding AOCI, of $118.24 at March 31, 2021, down from $124.10 at Dec. 31, 2020.Annuities adjusted earnings of $336M increased from $293M in the previous quarter and from $316M in Q1 2020.Life adjusted earnings of $42M climbed from $13M in Q4 2020 and $11M in Q1 2020.Run-off adjusted earnings of $76M grew from $25M in the previous quarter and a loss of $70M in the year-ago quarter.Conference call on May 11 at 8:00 AM ET.Earlier, Brighthouse Financial EPS beats by $2.36, beats on revenue

For further details see:

Brighthouse Financial stock gains 2.2% after Q1 earnings beat by a wide margin