Retirement solutions provider Corebridge Financial (NYSE: CRBG) will be reporting earnings this Monday after market hours. Here’s what to look for.
Corebridge Financial met analysts’ revenue expectations last quarter, reporting revenues of $4.11 billion, up 6.8% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates.
Is Corebridge Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Corebridge Financial’s revenue to decline 10.4% year on year to $3.76 billion, a reversal from the 2.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.08 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Corebridge Financial has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Corebridge Financial’s peers in the life insurance segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Prudential’s revenues decreased 16.7% year on year, beating analysts’ expectations by 14.4%, and Lincoln Financial Group reported revenues up 3.8%, falling short of estimates by 0.7%. Prudential traded up 1.8% following the results while Lincoln Financial Group was also up 4.8%.
Read our full analysis of Prudential’s results here and Lincoln Financial Group’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the life insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.3% on average over the last month. Corebridge Financial’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $39.85 (compared to the current share price of $32.56).
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