Brookfield Reinsurance Q3 EPS $0.07 Down From $0.14 YoY, Sales $1.45B Down From $2.02B YoY
Portfolio Pulse from Benzinga Newsdesk
Brookfield Reinsurance (NYSE:BNRE) reported a 50% decrease in Q3 earnings per share YoY, from $0.14 to $0.07. Sales also decreased by 28.32% YoY, from $2.02 billion to $1.45 billion.
November 09, 2023 | 12:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Brookfield Reinsurance's Q3 earnings and sales have significantly decreased YoY.
The significant decrease in both earnings per share and sales YoY indicates a negative performance for Brookfield Reinsurance. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100