Brighthouse Financial (BHF) Tops Q1 EPS by 13c
Brighthouse Financial (NASDAQ: BHF) reported Q1 EPS of $2.21, $0.13 better than the analyst estimate of $2.08.
- First quarter 2019 net loss available to shareholders of $737 million, or $6.31 on a per diluted share basis, driven primarily by net derivative mark-to-market losses
- Adjusted earnings, less notable items*, of $259 million, or $2.21 on a per diluted share basis
- Annuity sales grew 36 percent over the first quarter of 2018
- Variable annuity assets approximately $1.1 billion in excess of CTE98*
- Company repurchased $52 million of its common stock during the quarter; announced the repurchase of up to an additional $400 million shares of common stock
For earnings history and earnings-related data on Brighthouse Financial (BHF) click here.