Brighthouse Financial First Quarter 2024 Earnings: US$8.23 loss per share (vs US$7.74 loss in 1Q 2023)

Brighthouse Financial (NASDAQ:BHF) First Quarter 2024 Results

Key Financial Results

• Revenue: US$74.0m (down 94% from 1Q 2023).
• Net loss: US$519.0m (loss narrowed by 1.1% from 1Q 2023).
• US$8.23 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brighthouse Financial Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Insurance industry in the US.

Performance of the American Insurance industry.

The company's shares are down 5.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Brighthouse Financial you should know about.

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