Corebridge Financial Overview - Corebridge Financial (CRBG) is anticipated to report a year-over-year earnings increase of +4.6% with earnings per share (EPS) of $1.15, despite a revenue decline of 10.9% to $5.22 billion for the quarter ended March 2025 [3][12] - The stock's movement may be influenced by whether the actual results exceed or fall short of these expectations, with the earnings report scheduled for May 5 [2][3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 2.21% over the last 30 days, indicating a bearish sentiment among analysts regarding Corebridge's earnings prospects [4][10] - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.38%, which complicates predictions of an earnings beat [10][11] Earnings Surprise History - Corebridge has a history of beating consensus EPS estimates, having surpassed expectations in the last four quarters, including a +3.36% surprise in the most recent quarter [12][13] - Despite this history, the current combination of a negative Earnings ESP and a Zacks Rank of 4 suggests that predicting an earnings beat is challenging [11][16] Industry Context - In comparison, Prudential (PRU), another player in the insurance industry, is expected to report an EPS of $3.21, reflecting a year-over-year change of +2.9%, with revenues projected to decline by 33% to $14.54 billion [17][18] - Prudential's consensus EPS estimate has also been revised down by 2.9% over the last 30 days, and it holds an Earnings ESP of 0.00%, indicating uncertainty in beating the consensus estimate [18]
Corebridge Financial (CRBG) Earnings Expected to Grow: Should You Buy?