earnings
confidence high
sentiment negative
materiality 0.85
Brighthouse Financial Q2 net income soars to $957M on hedging, but adjusted earnings drop to $24M
Brighthouse Financial, Inc.
2022-Q2 EPS reported
$20.62
revenue$6,537,000,000
- Net income $957M ($12.77 diluted EPS), vs $10M in Q2 2021.
- Adjusted earnings $24M ($0.33) vs $435M ($5.05); adj. less notable items $247M ($3.29).
- Annuity sales +8% YoY; life sales -27% YoY; $317M stock repurchased YTD.
- Estimated RBC ratio 470-490%; holding company liquid assets $1.2B.