Brighthouse Financial stock gains on the back of higher annuity and life insurance sales, a high-quality portfolio, financial flexibility and prudent capital deployment.
BHF rides on higher annuity and life insurance sales, high-quality portfolio, financial flexibility and effective capital deployment.
Investors need to pay close attention to Brighthouse Financial (BHF) stock based on the movements in the options market lately.
Brighthouse Financial has had a disappointing performance, gaining 12% but underperforming the market, with volatile shares due to mixed quarterly results. BHF's capital generation remains problematic, constraining potential returns. Management is addressing issues, but uncertainty persists, impacting profitability and growth. The company is considering reinsurance to improve its capital ratio, trading off short-term profitability for capital strength.
BHF's third-quarter results reflect higher expenses, partially offset by higher net investment income.
Brighthouse Financial, Inc. (NASDAQ:BHF ) Q3 2024 Earnings Conference Call November 8, 2024 8:00 AM ET Company Participants Dana Amante - Head of Investor Relations Eric Steigerwalt - President & Chief Executive Officer Ed Spehar - Chief Financial Officer David Rosenbaum - Head of Products & Underwriting Conference Call Participants Suneet Kamath - Jefferies Ryan Krueger - KBW John Barnidge - Piper Sandler Alex Scott - Barclays Wes Carmichael - Autonomous Research Operator Good morning, ladies and gentlemen, and welcome to Brighthouse Financial's Third Quarter 2024 Earnings Conference Call. My name is Michelle, and I will be your coordinator today.
While the top- and bottom-line numbers for Brighthouse Financial (BHF) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Brighthouse Financial (BHF) came out with quarterly earnings of $3.99 per share, missing the Zacks Consensus Estimate of $4.50 per share. This compares to earnings of $4.18 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Brighthouse Financial (BHF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Brighthouse Financial (BHF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Redesigning and repricing of products and services and a rising rate environment are likely to help Zacks Life Insurance industry players like MFC, SLF, RGA, PRI and BHF. These companies are investing heavily in digitization.
Brighthouse Financial (BHF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.