earnings
confidence high
sentiment neutral
materiality 0.60
Corebridge pre-announces Q1 variable investment income $15M-$25M pre-tax; explores pre-merger share repurchases
Corebridge Financial, Inc.
2026-Q1 EPS reported
-$0.11
revenue$3,964,000,000
- Preliminary variable investment income estimated at $15M-$25M pre-tax for Q1 2026; offset by unrealized fair value losses.
- Positive alternative investment returns expected to be offset by mark-to-market losses on fair value option investments.
- Exploring share repurchases before pending merger with Equitable Holdings (announced March 26, 2026); seeking waiver from merger agreement.
- Full Q1 earnings release scheduled for May 4, 2026, with earnings call on May 5.