Corebridge Financial (CRBG) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.13 per share a year ago.
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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CRBG witnesses a decline in group retirement premiums and deposits. It paid quarterly dividends of $133 million.
Corebridge Financial, Inc. (NYSE:CRBG ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Isil Muderrisoglu - Head, Investor & Rating Agency Relations Kevin Hogan - President & Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Dan Bergman - Cowen Elyse Greenspan - Wells Fargo Joel Hurwitz - Dowling and Partners Suneet Kamath - Jefferies Cave Montazeri - Deutsche Bank Alex Scott - Barclays Jimmy Bhullar - JPMorgan Tom Gallagher - Evercore ISI Operator Good morning all and thank you for joining us for the Corebridge Financial Inc. First Quarter 2025 Earnings Call. My name is Carlin, I'll be the operator for your call today.
The headline numbers for Corebridge (CRBG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Corebridge Financial (CRBG) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.10 per share a year ago.
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Corebridge Financial has delivered strong financial results, resulting in a 35% stock increase, solid capital returns, and successful AIG divestment. Q4 earnings beat expectations with $1.23 adjusted EPS, driven by recovery in private investments and higher interest income. CRBG has a robust capital position, enabling significant shareholder returns, including a 4% dividend increase and $2 billion in share repurchases.
Corebridge Financial is recommended as a buy due to its strong 84% total return over 17 months and attractive valuation. Despite recent macro volatility, CRBG has shown robust earnings growth, strong variable investment income, and effective cost reduction efforts. Key risks include rising policy surrender rates, lower market interest rates, and competitive pressures, but the firm's strong cash flow and growth outlook mitigate these concerns.
CRBG's fourth-quarter earnings benefit from rising investment income.
Corebridge Financial, Inc. (NYSE:CRBG ) Q4 2024 Earnings Conference Call February 13, 2025 10:00 AM ET Company Participants Isil Muderrisoglu - Head, Investor and Rating Agency Relations Kevin Hogan - President and CEO Elias Habayeb - CFO Conference Call Participants Cave Montazeri - Deutsche Bank Alex Scott - Barclays Ryan Krueger - KBW Elyse Greenspan - Wells Fargo Joel Hurwitz - Dowling & Partners Suneet Kamath - Jefferies Jack Matten - BMO John Barnidge - Piper Sandler Tom Gallagher - Evercore ISI Wes Carmichael - Autonomous Research Operator Hello, everyone, and welcome to today's Corebridge Financial Fourth Quarter 2024 Earnings Call. My name is Seth, and I'll be the operator for your call today.