earnings
confidence high
sentiment neutral
materiality 0.70
Corebridge Q3 net income $3.63 EPS, operating EPS $0.57; premiums up 23% YoY; declares $0.23 dividend
Corebridge Financial, Inc.
2022-Q3 EPS reported
$13.50
revenue$22,810,000,000
- Net income per share $3.63 vs $2.20 prior year; operating EPS $0.57 vs $1.02.
- Premiums and deposits $8.8B, up 23% YoY with growth in all four businesses.
- Base net investment spread expansion: Individual Retirement >5bps, Group Retirement >25bps.
- Corebridge Forward savings program ahead of plan for $400M run rate.
- Board declared $0.23/share quarterly cash dividend on Nov 8, 2022.