Brighthouse Financial, Inc.Revenue down 2.7% and missed estimates by 4.8%, the weakest performance among peers.
Prudential Financial reported first-quarter revenues of $15.23 billion, a 13.6% year-on-year increase that exceeded analyst expectations by 8.1% and marked the fastest revenue growth among the 11 life insurance stocks tracked. The group as a whole saw revenues miss consensus estimates by 1.1%, but share prices have risen an average of 7.1% since the latest earnings results. Primerica posted revenues of $872.3 million, up 8.6% and beating estimates by 1.9%, while Brighthouse Financial recorded the weakest performance with revenues of $2.10 billion, down 2.7% and missing estimates by 4.8%. CNO Financial Group and Globe Life each reported revenue growth of just over 5%, with results roughly in line with expectations.
Brighthouse Financial, Inc.Revenue down 2.7% and missed estimates by 4.8%, the weakest performance among peers.
Primerica IncRevenue up 8.6% and beat estimates by 1.9%.
CNO Financial Group IncRevenue growth of just over 5%, roughly in line with expectations.
Globe Life IncRevenue growth of just over 5%, roughly in line with expectations.
Prudential Financial, Inc.Revenue up 13.6%, beat estimates by 8.1%, fastest growth among tracked life insurers.