Why Investors Went Dark on Brighthouse Financial Today
Brighthouse Financial(BHF) The Motley Fool·2024-02-13 23:42Tuesday wasn't the sunniest day in Brighthouse Financial's (BHF -12.76%) existence. The company saw its share price crater by almost 13%, on the back of its latest earnings release. That slide was much more pronounced than the decline of the S&P 500 index, which was a relatively modest 1.4%.Fourth-quarter figures fell short of expectationsBrighthouse released its fourth-quarter figures just after market close on Monday. These revealed that the annuities and insurance products specialist earned $1.4 billion ...