Corebridge Financial (CRBG) Reports Q4 Profit of $1.59 EPS, Surpasses Estimates

Corebridge Financial Inc. (CRBG) reported fourth-quarter net income of $814 million, or $1.59 per share, with adjusted earnings of $1.22 per share. Revenue reached $6.34 billion, both exceeding analyst expectations of $1.11 EPS and $5.06 billion, respectively. For the year, the company posted a loss of $366 million, or 68 cents per share, with revenue of $20.46 billion.