Brighthouse Financial: Second Quarter Earnings Summary

CHARLOTTE, N.C. (AP) _ Brighthouse Financial Inc . (BHF) reported second-quarter net income of $983 million on Thursday.

The Charlotte, North Carolina-based company said it had net income of $12.77 per share. Earnings, adjusted for non-recurring gains, came in at $3.29 per share.

The life insurance and annuity company posted revenue of $3.8 billion during the period. Its adjusted revenue was $2.08 billion, beating Street forecasts. Four analysts polled by Zacks were expecting $2.06 billion.

Shares of Brighthouse Financial are down 18% since the start of the year. In the final minutes of trading on Thursday, the stock hit $42.50, up 2.5% over the past 12 months.

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This story was generated by Automated statistics (using data from Zacks Investment Research. Access to Zacks Stock Report on BHF at

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!