Corebridge Financial Q1 2023 Earnings Report

Corebridge Financial EPS Results

• Actual EPS: $0.97
• Consensus EPS: $0.84
• Beat/Miss: Beat by +$0.13
• One Year Ago EPS: $1.15

Corebridge Financial Revenue Results

• Actual Revenue: $5.36 billion
• Expected Revenue: $4.21 billion
• Beat/Miss: Beat by +$1.16 billion
• YoY Revenue Growth: N/A

Corebridge Financial Announcement Details

• Quarter: Q1 2023
• Date: 5/9/2023
• Time: Before Market Opens

Corebridge Financial (NYSE:CRBG) provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.