Brighthouse Financial, Inc. (BHF) is currently priced at $62.21, marking a 0.42% increase from the previous close. Trading volume stands at $134,850, reflecting a 19.66% uptick compared to the average.
In the latest quarterly report released on Sunday, February 22nd, BHF surpassed consensus estimates with an EPS of $5.19.
The company reported a net change in cash of -$1.61 billion. Notable movements include common stock repurchases totaling -$161 million and free cash flow at -$364 million.
BHF generated revenues of $1.56 billion, resulting in a gross profit of $859 million. Operating income stands at $150 million, with a net income of $137 million translating to an EPS of $1.96.
Key ratios for BHF include a gross profit margin of 55.21%, a return on equity of 2.02%, and a price-to-earnings ratio of 6.76.
The balance sheet reveals total assets of $240.74 billion, with total liabilities at $233.91 billion. Cash and cash equivalents amount to $5.39 billion, while long-term investments total $206.16 billion.
This comprehensive overview indicates BHF's stable financial performance and positive growth trajectory.
Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment provides term, universal, whole, and variable life policies for policyholders' needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. The company was incorporated in 2016 and is based in Charlotte, North Carolina.