Brighthouse Financial: Q2 Earnings Snapshot
CHARLOTTE, N.C. (AP) _ Brighthouse Financial Inc. (BHF) on Thursday reported second-quarter net income of $983 million.
The Charlotte, North Carolina-based company said it had net income of $12.77 per share. Earnings, adjusted for non-recurring gains, came to $3.29 per share.
The annuity and life insurance company posted revenue of $3.8 billion in the period. Its adjusted revenue was $2.08 billion, topping Street forecasts. Four analysts surveyed by Zacks expected $2.06 billion.
Brighthouse Financial shares have fallen 18% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $42.50, a climb of 2.5% in the last 12 months.