BHF Stock Recent News

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Brighthouse Financial (BHF) reported earnings 30 days ago. What's next for the stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Brighthouse (BHF) Q2 results reflect strong sales, including record sales of Shield Level Annuities as well as the effect of higher share buybacks.

Brighthouse Financial, Inc. (NASDAQ:BHF ) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Dana Amante - Head of IR Eric Steigerwalt - President & CEO Ed Spehar - EVP & CFO John Rosenthal - EVP & CIO Myles Lambert - EVP and Chief Distribution and Marketing Officer David Rosenbaum - Head of Products & Underwriting Conference Call Participants Wes Carmichael - Autonomous Research Tom Gallagher - Evercore Elyse Greenspan - Wells Fargo Suneet Kamath - Jefferies Wilma Burdis - Raymond James Ryan Krueger - KBW John Barnidge - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Brighthouse Financial Second Quarter 2024 Earnings Conference Call. My name is Victor, and I will be your coordinator today.

Brighthouse Financial stock has underperformed compared to competitors like Jackson Financial and Equitable, losing 19% in the past year after a series of weak results. Brighthouse reported disappointing Q2 results, with a significant loss on a statutory basis, leaving it with too little capital. The company's cash flow will be constrained due to lower capital, impacting its ability to sell new products and return capital to shareholders.

Although the revenue and EPS for Brighthouse Financial (BHF) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Brighthouse Financial (BHF) came out with quarterly earnings of $5.57 per share, beating the Zacks Consensus Estimate of $4.36 per share. This compares to earnings of $4.13 per share a year ago.

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.