Earnings Outlook For Corebridge Financial
Portfolio Pulse from Benzinga Insights
Corebridge Financial (NYSE:CRBG) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $1.04. The company's past performance shows a trend of beating EPS estimates. However, the share price has generally dropped after earnings releases. The stock was trading at $20.97 as of November 1, with a 52-week return of -1.61%.
November 02, 2023 | 2:01 pm
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Corebridge Financial is expected to report an EPS of $1.04 in its upcoming earnings release. Despite a history of beating EPS estimates, the company's share price has typically dropped after earnings releases.
Corebridge Financial has a history of beating EPS estimates, which is generally a positive signal. However, the company's share price has typically dropped after earnings releases, indicating that the market may not have reacted positively to the earnings beats. This trend, combined with a negative 52-week return, suggests a bearish outlook for the stock in the short term.
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