Life insurance stocks post mixed Q1 as Lincoln Financial misses revenue estimates

Earnings
โดย StockStory·Read original
Summary · why it matters

The life insurance industry reported a slower first quarter, with the 12 stocks tracked by StockStory beating revenue consensus by 3.1% on average. Lincoln Financial Group posted revenues of $4.87 billion, up 3.9% year-on-year but 1% below analyst expectations, alongside a narrow EPS beat and a significant miss on book value per share. Primerica was the quarter's best performer with revenues of $872.3 million, up 8.6% and 1.9% above estimates, while Brighthouse Financial was the weakest, with revenues of $2.10 billion down 2.7% and missing by 4.8%. Equitable Holdings reported revenues of $3.61 billion, down 4.5% and missing by 7.3%, the largest miss among peers, and MetLife posted revenues of $19.68 billion, up 4.5% and beating by 1.4%. Share prices across the group have been resilient, rising 6.3% on average since the latest earnings results.

Impact on stocks 5

Financials± Mixed · 4 stocks
Primerica Inc
PRI
▲ PositiveDemandrelevance

Revenue of $872.3M up 8.6% and beat estimates by 1.9%, the best performer.

Aging Population · 1 stocks
MetLife Inc
MET
▲ PositiveDemandrelevance

Revenue of $19.68B up 4.5% and beat estimates by 1.4%.