Brighthouse Financial-Brighthouse (BHF) Q1 Earnings Beat, Revenues Miss Estimates

Brighthouse Financial (BHF) reported first-quarter 2024 adjusted net income of $4.25 per share, which beat the Zacks Consensus Estimate by 7.3%. The bottom line improved 48.6% year over year.The results reflected higher premiums and net investment income as well as lower expenses.Behind the HeadlinesTotal operating revenues of$ 2.1 billion increased 2.9% year over year, driven by higher premiums, net investment income and other income. The top line, however, missed the consensus mark by 3.5%.Premiums of $20 ...