Corebridge's Q3: Strong Sales, Lower Profits
Update: 2025-11-10
Description
Corebridge Financials Q3 earnings showcased robust sales, with record annuity sales and solid institutional market activity, driving revenue to $5.63 billion, surpassing expectations. However, profits fell short due to increased compensation expenses and one-time charges, resulting in adjusted earnings per share of $0.96, missing analyst projections of $1.08. During the earnings call, questions focused on private credit exposure and the strategic value of Corebridges Group Retirement business. Investors will closely monitor new product launches, leadership changes, capital return plans, digital transformation progress, and advisor productivity for future earnings.
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