Corebridge (CRBG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Financial Performance - Corebridge Financial reported $5.02 billion in revenue for Q4 2024, a year-over-year decline of 7.4% [1] - The EPS for the same period was $1.23, compared to $1.04 a year ago, indicating a positive year-over-year change [1] - The reported revenue fell short of the Zacks Consensus Estimate of $6.02 billion, resulting in a surprise of -16.74% [1] - The company delivered an EPS surprise of +3.36%, with the consensus EPS estimate being $1.19 [1] Key Metrics Comparison - Premiums were reported at $1.14 billion, significantly below the $2.03 billion average estimate from five analysts [4] - Policy fees were $738 million, slightly below the estimated $738.72 million [4] - Net investment income totaled $2.88 billion, slightly above the average estimate of $2.84 billion [4] - Advisory fee and other income was $210 million, below the average estimate of $223.68 million [4] Revenue Breakdown - Revenue from Institutional Markets was $1.36 billion, compared to the average estimate of $1.84 billion [4] - Corporate & Other revenue was $105 million, exceeding the estimated $50.17 million [4] - Individual Retirement-Premiums revenue was $30 million, below the average estimate of $36.65 million [4] - Individual Retirement-Policy fees were $201 million, slightly above the estimated $199.35 million [4] - Group Retirement-Premiums revenue was $2 million, significantly below the average estimate of $6.04 million [4] Stock Performance - Corebridge shares returned +11.1% over the past month, outperforming the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]