Corebridge (CRBG) Q4 Earnings Top on Higher Premiums & Deposits
ebridge Financial(CRBG) Zacks Investment Research·2024-02-16 04:21
Corebridge Financial, Inc. (CRBG) reported fourth-quarter 2023 adjusted operating earnings per share of $1.04, which outpaced the Zacks Consensus Estimate by 5.1%. The bottom line improved 12% year over year.Adjusted revenues amounted to $5.9 billion, which advanced 11.3% year over year.The quarterly results benefited on the back of strong premiums and deposits growth across the Individual Retirement and Institutional Markets segments. Improved sales in the CRBG’s spread-based product portfolio and higher n ...