Brighthouse Financial: Q2 Earnings Snapshot

August 4, 2022 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BHF at https://www.zacks.com/ap/BHF