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Corebridge Financial Q3 2024 Earnings Report

Corebridge Financial logo
$29.57 -0.42 (-1.40%)
(As of 12:04 PM ET)

Corebridge Financial EPS Results

Actual EPS
$1.38
Consensus EPS
$1.17
Beat/Miss
Beat by +$0.21
One Year Ago EPS
$1.05

Corebridge Financial Revenue Results

Actual Revenue
$5.53 billion
Expected Revenue
$5.66 billion
Beat/Miss
Missed by -$131.13 million
YoY Revenue Growth
+39.50%

Corebridge Financial Announcement Details

Quarter
Q3 2024
Time
After Market Closes
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Corebridge Financial Earnings Headlines

Corebridge price target raised to $37 from $36 at Barclays
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Corebridge Financial

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.

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