Brighthouse Financial (BHF) Misses Q2 EPS by 47c

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Go back to Brighthouse Financial (BHF) Misses Q2 EPS by 47c

Brighthouse Financial Announces Second Quarter 2020 Results

August 6, 2020 4:15 PM EDT

Second quarter 2020 net loss available to shareholders of $1,998 million, or $21.10 per diluted share, driven primarily by net derivative mark-to-market losses Second quarter 2020 adjusted earnings, less notable items*, of $39 million, or $0.41 per diluted share Annuity sales decreased 3 percent and life sales increased 200 percent compared with the second quarter of 2019 Estimated combined risk-based capital ("RBC") ratio remained between 515 and 535 percent, consistent with the first quarter $500 million subsidiary ordinary dividend paid to the holding company in the... More