Company reports a loss of $917 million

  • Brighthouse Financial shares drop 14% on unexpected 4Q loss
  • Shares down to $45.93
  • Company reports a loss of $917 million
  • Adjusted earnings per share for the fourth quarter were $2.73
  • Analysts had forecasted earnings per share of $2.86

Shares of Brighthouse Financial fell 14% after the company reported an unexpected loss in the fourth quarter. The company’s shares were down to $45.93. Brighthouse Financial posted a loss of $917 million, compared to a profit of $136 million in the same period last year. Adjusted earnings per share for the fourth quarter were $2.73, falling short of analysts’ forecast of $2.86 per share.

Public Companies: Brighthouse Financial (N/A)
Private Companies:
Key People:

Factuality Level: 8
Justification: The article provides specific information about Brighthouse Financial reporting a loss in the fourth quarter, including the amount of the loss and the adjusted earnings per share. It also includes a statement from the company explaining the reason for the loss. The article does not contain any irrelevant or misleading information, and there is no sensationalism or opinion masquerading as fact. However, it is a short article and does not provide much background information or analysis.

Noise Level: 3
Justification: The article provides relevant information about Brighthouse Financial reporting a loss in the fourth quarter and the reasons behind it. It includes details about the company’s earnings per share, market performance, and new statutory requirements. However, it lacks in-depth analysis, scientific rigor, and actionable insights.

Financial Relevance: Yes
Financial Markets Impacted: Shares of Brighthouse Financial

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial performance of Brighthouse Financial, which reported a loss in the fourth quarter. This information is relevant to financial markets and the company’s shareholders.

Reported publicly: www.marketwatch.com