Core Insights - Corebridge Financial (CRBG) reported a revenue of $4.74 billion for Q1 2025, marking a year-over-year decline of 19.1% and a surprise of -9.19% compared to the Zacks Consensus Estimate of $5.22 billion [1] - The earnings per share (EPS) for the same period was $1.16, slightly up from $1.10 a year ago, with an EPS surprise of +0.87% against the consensus estimate of $1.15 [1] Financial Performance Metrics - Premiums collected were $889 million, significantly lower than the estimated $1.38 billion [4] - Policy fees amounted to $720 million, slightly below the average estimate of $727.54 million [4] - Net investment income was reported at $2.91 billion, exceeding the estimated $2.88 billion [4] - Advisory fee and other income totaled $206 million, falling short of the average estimate of $219.68 million [4] - Revenue from Institutional Markets was $1.14 billion, compared to the average estimate of $1.48 billion [4] - Corporate & Other revenue was $54 million, below the average estimate of $70.83 million [4] - Individual Retirement premiums were $27 million, lower than the estimated $33.12 million [4] - Individual Retirement policy fees were $198 million, slightly below the average estimate of $199.08 million [4] - Individual Retirement net investment income was $1.49 billion, slightly above the average estimate of $1.47 billion [4] - Individual Retirement advisory fee and other income was $110 million, below the average estimate of $113.16 million [4] - Group Retirement premiums were $4 million, compared to the average estimate of $4.88 million [4] - Group Retirement policy fees were $108 million, below the average estimate of $113.38 million [4] Stock Performance - Corebridge shares have returned +19.3% over the past month, outperforming the Zacks S&P 500 composite, which saw a change of +0.4% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]
Corebridge (CRBG) Reports Q1 Earnings: What Key Metrics Have to Say