Corebridge Financial Q4 2023 Adj EPS $1.04 Beats $0.97 Estimate, Sales $5.92B Beat $5.49B Estimate
Portfolio Pulse from Benzinga Newsdesk
Corebridge Financial (NYSE:CRBG) reported Q4 2023 adjusted EPS of $1.04, surpassing the $0.97 estimate, with sales of $5.92B exceeding the $5.49B estimate. This represents a 10.90% increase in sales compared to the same period last year.
February 15, 2024 | 11:08 am
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Corebridge Financial reported a strong Q4 2023 with adjusted EPS of $1.04 and sales of $5.92B, both surpassing analyst estimates.
Corebridge Financial's Q4 2023 earnings and sales beat analyst estimates, indicating a strong financial performance. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in CRBG's stock price, given the better-than-expected results and the significant year-over-year sales growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100