UPDATE 1-MetLife posts profit on higher net investment income [Reuters (UK)]
Brighthouse Financial, Inc. (BHF)
Last brighthouse financial, inc. earnings: 2/10 04:16 pm
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Source: Reuters
MetLife posts profit on higher net investment income | Reuters 2 Min Read (Reuters) - Insurer MetLife Inc ( MET.N ) reported a third-quarter profit on Thursday, compared with a year-ago loss, helped by volume growth, favorable underwriting, expense management and improved investment income. MetLife shares were up 3.7 percent in after-hours trade on Thursday, after closing the regular session up 1.8 percent at $41.94. New York-based MetLife is one of the largest U.S. insurers by assets. Net investment income rose to $4.49 billion from $4.3 billion, a year earlier. The results follow MetLife’s annual review of actuarial assumptions that it uses to calculate the capital it must hold in order to pay out claims. Many life insurers review those assumptions during the third quarter to see if they are still accurate. That analysis can prove troublesome for life insurers who, as a result, must set aside funds for claims on older long-term care policies, which cover expenses like assisted liv
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BHF
News
- Should You Hold Brighthouse Financial (BHF) in Your Portfolio? [Yahoo! Finance]Yahoo! Finance
- Why Is Brighthouse Financial (BHF) Up 1.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Brighthouse Financial Inc CEO Eric Steigerwalt Sells 25,000 Shares [Yahoo! Finance]Yahoo! Finance
- Brighthouse Financial, Inc. (NASDAQ: BHF) was downgraded by analysts at Morgan Stanley from an "equal weight" rating to an "underweight" rating. They now have a $52.00 price target on the stock.MarketBeat
- Brighthouse Financial, Inc. (NASDAQ: BHF) had its price target lowered by analysts at Wells Fargo & Company from $51.00 to $49.00. They now have an "equal weight" rating on the stock.MarketBeat
BHF
Earnings
- 2/12/24 - Miss
BHF
Sec Filings
- 3/5/24 - Form 4
- 3/5/24 - Form 4
- 3/5/24 - Form 4
- BHF's page on the SEC website