Brookfield Reinsurance Third Quarter 2023 Earnings: EPS: US$1.47 (vs US$4.79 in 3Q 2022)

Brookfield Reinsurance (NYSE:BNRE) Third Quarter 2023 Results

Key Financial Results

• Revenue: US$1.45b (down 26% from 3Q 2022).
• Net income: US$76.0m (down 65% from 3Q 2022).
• Profit margin: 5.2% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue.
• EPS: US$1.47 (down from US$4.79 in 3Q 2022).

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

Brookfield Reinsurance's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Brookfield Reinsurance that you need to take into consideration.

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