earnings
confidence high
sentiment positive
materiality 0.80
Brighthouse Financial Q2 net income $10M, adjusted earnings $5.32 per share; announces additional $1B stock repurchase
Brighthouse Financial, Inc.
2021-Q2 EPS reported
-$6.93
revenue$2,614,000,000
- Net income $10M ($0.11/diluted share); adjusted earnings $458M ($5.32/diluted share).
- Annuity sales +25% YoY; life sales +117% YoY.
- Estimated combined RBC ratio 480-500%; holding company liquid assets $1.6B.
- Authorized new $1B stock repurchase (additional to prior $200M authorization); $34M remains from prior.
- Year-to-date through Aug 4 repurchased $246M common stock; goal to return $1.5B by end of 2021.