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HOUSTON (AP) — HOUSTON (AP) — Corebridge Financial Inc. (CRBG) on Wednesday reported second-quarter earnings of $365 million.
On a per-share basis, the Houston-based company said it had profit of 59 cents. Earnings, adjusted for non-recurring costs, were $1.13 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The financial services company posted revenue of $4.18 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $5.73 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRBG at https://www.zacks.com/ap/CRBG