Brighthouse Financial to Post Q1 2018 Earnings of $1.96 Per Share, B. Riley Forecasts (BHF)

Brighthouse Financial (NASDAQ:BHF) – Equities research analysts at B. Riley issued their Q1 2018 earnings per share (EPS) estimates for Brighthouse Financial in a report released on Monday, April 16th. B. Riley analyst R. Binner forecasts that the company will post earnings of $1.96 per share for the quarter.

How to Become a New Pot Stock Millionaire

Brighthouse Financial (NASDAQ:BHF) last released its quarterly earnings results on Monday, February 12th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $2.10 by ($1.73). The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $2.01 billion. The company’s revenue for the quarter was up 240.0% compared to the same quarter last year.

BHF has been the topic of several other reports. Zacks Investment Research lowered Brighthouse Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, March 20th. BidaskClub lowered Brighthouse Financial from a “hold” rating to a “sell” rating in a research report on Friday, February 9th. Sandler O’Neill set a $53.00 price target on Brighthouse Financial and gave the stock a “hold” rating in a research report on Monday, April 2nd. JPMorgan Chase lowered Brighthouse Financial from a “neutral” rating to an “underweight” rating and set a $61.00 price target on the stock. in a research report on Tuesday, January 2nd. Finally, Citigroup reissued a “sell” rating on shares of Brighthouse Financial in a research report on Thursday, February 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $65.13.

Brighthouse Financial stock opened at $51.50 on Tuesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.45 and a current ratio of 0.45. Brighthouse Financial has a one year low of $49.05 and a one year high of $75.00.

An institutional investor recently bought a new position in Brighthouse Financial stock. Elkfork Partners LLC purchased a new stake in Brighthouse Financial (NASDAQ:BHF) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,296 shares of the company’s stock, valued at approximately $310,000. Institutional investors own 84.59% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece of content on another website, it was copied illegally and republished in violation of international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.thelincolnianonline.com/2018/04/19/brighthouse-financial-to-post-q1-2018-earnings-of-1-96-per-share-b-riley-forecasts-bhf.html.

Brighthouse Financial Company Profile

Brighthouse Financial, Inc provides a range of annuity and life insurance products in the United States. The company operates through three segments: Annuities, Life, and Run-off. It offers variable, fixed, index-linked, and income annuities for contract holders' needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security; and term, whole, universal, and variable life insurance products for policyholders' needs for financial security and protected wealth transfer.

Receive News & Ratings for Brighthouse Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brighthouse Financial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply