Brighthouse Financial Inc expected to post earnings of $3.87 a share - Earnings Preview

Brighthouse Financial

04/05/2024 03:09

* Brighthouse Financial Inc  BHF.OQ   BHF.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Charlotte North Carolina-based  company is expected to
report a 9.6% increase in revenue to $2.143 billion from $1.96
billion a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Operating Revenue)
    * ​LSEG's mean analyst estimate for Brighthouse Financial
Inc is
for earnings of $3.87 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Brighthouse
Financial Inc is $51.50​, above​ its last closing price
of $48.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  3.63        3.69       2.73      Missed  -26
 Sep. 30 2023  3.95        3.91       4.18      Beat    6.8
 Jun. 30 2023  3.38        3.42       4.13      Beat    20.6​
 Mar. 31 2023  3.24        3.25       2.86      Missed  -12.1
 ​​Dec.        2.17        2.32       3.46      Beat    49.5
 31 2022                                                
 Sep. 30 2022  1.22        1.32       1.35      Beat    2.3​
 Jun. 30 2022  2.38        2.28       0.33      Missed  -85.5
 Mar. 31 2022  3.47        3.50       3.79      Beat    8.3
 This summary was machine generated May 4 at 02:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)