Brighthouse Financial Q4 2019 Earnings Report
Key Takeaways
Brighthouse Financial reported a net loss available to shareholders of $1,077 million, or $10.02 per diluted share, driven primarily by net derivative mark-to-market losses. However, adjusted earnings, less notable items, were $265 million, or $2.46 per diluted share. Annuity sales grew 10 percent over the fourth quarter of 2018, and the company repurchased approximately $128 million of its common stock during the quarter.
Net loss available to shareholders was $1,077 million, or $10.02 per diluted share, driven by net derivative mark-to-market losses.
Adjusted earnings, less notable items, were $265 million, or $2.46 per diluted share.
Annuity sales grew 10 percent over the fourth quarter of 2018.
Company repurchased approximately $128 million of its common stock during the quarter and announced authorization of the repurchase of up to an additional $500 million of common stock.
Brighthouse Financial
Brighthouse Financial
Brighthouse Financial Revenue by Segment
Forward Guidance
Company did not provide financial guidance
Revenue & Expenses
Visualization of income flow from segment revenue to net income