Brighthouse Q3 Earnings and Revenues Miss, Expenses Rise Y/Y

Brighthouse Financial (BHF) reported third-quarter 2024 adjusted net income of $3.99 per share, which missed the Zacks Consensus Estimate by 11.3%. The bottom line dropped 4.5% year over year. The results reflected higher expenses.Stay up-to-date with all quarterly releases: See Zack Earnings Calendar.Behind the HeadlinesTotal operating revenues of $2.2 billion increased 4.3% year over year, driven by higher net investment income and other income. However, the top line missed the consensus mark by 1.7%.Prem ...