secwatch.observer — SEC 8-K summary
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Issuer:     Brighthouse Financial, Inc. (BHF)
CIK:        0001685040
Form:       8-K/A
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001685040-23-000059
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Brighthouse Financial corrects Q2 adjusted EPS to $4.04 from $4.13 due to share count error; reports net loss of $200M
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- Corrected diluted share count to 66,967,185; adjusted EPS for Q2 2023 revised to $4.04 (was $4.13); H1 adjusted EPS revised to $6.89 (was $7.03).
- Q2 2023 net loss available to shareholders of $200M ($3.01 diluted loss) vs net income of $1,719M in Q2 2022.
- Adjusted earnings of $271M ($4.04 diluted) vs $144M ($1.91) in Q2 2022.
- Annuity sales up 16% H1 2023 vs H1 2022; life sales up 23%; YTD share repurchases ~$152M through Aug 4.
- Estimated combined RBC ratio 430-450%; holding company liquid assets $0.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1685040/000168504023000059/0001685040-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1685040/000168504023000059/bhf-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001685040-23-000059

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