Brighthouse Monetary: 3Q Earnings Snapshot

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CHARLOTTE, N.C. (AP) _ Brighthouse Monetary Inc. (BHF) on Monday reported a lack of $271 million in its third quarter.

The Charlotte, North Carolina-based firm mentioned it had a lack of $2.26 per share. Earnings, adjusted for non-recurring prices, have been $2.23 per share.

The outcomes topped Wall Road expectations. The common estimate of six analysts surveyed by Zacks Funding Analysis was for earnings of $2.19 per share.

The annuity and life insurance coverage firm posted income of $1.42 billion within the interval.

Brighthouse Monetary shares have dropped 27 p.c because the starting of the 12 months. Within the closing minutes of buying and selling on Monday, shares hit $42.61, a drop of 26 p.c within the final 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on BHF at https://www.zacks.com/ap/BHF

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