Corebridge Financial Q2 2024 Adj EPS $1.13 Beats $1.09 Estimate
Portfolio Pulse from Benzinga Newsdesk
Corebridge Financial (NYSE:CRBG) reported Q2 2024 adjusted earnings per share (EPS) of $1.13, surpassing the analyst consensus estimate of $1.09 by 3.67%.
July 31, 2024 | 8:33 pm
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Corebridge Financial reported Q2 2024 adjusted EPS of $1.13, beating the analyst estimate of $1.09 by 3.67%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The earnings beat indicates better-than-expected financial performance, which typically boosts investor sentiment and can lead to a short-term increase in the stock price. The 3.67% beat over the consensus estimate is a positive signal for the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100