Why Did Brighthouse Financial Soar 17.26% on Earnings Report?

On May 9, 2025, Brighthouse Financial's stock surged by 17.26% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Brighthouse Financial recently released its first-quarter 2025 earnings report, revealing a net loss of $268 million, or $5.04 per share. This loss, while substantial, represents an improvement from the previous year's net loss of $493 million. The company's revenue for the quarter was $2,390 million, a notable increase from the $74 million reported in the same period last year.

Despite the reported loss, the company's adjusted earnings stood at $235 million, or $4.01 per diluted share, indicating a positive trend in its financial performance. This adjusted figure reflects the company's efforts to streamline operations and focus on core business activities, which have contributed to the recent stock price surge.

The earnings report also highlighted Brighthouse Financial's strategic initiatives aimed at enhancing shareholder value and improving operational efficiency. These initiatives, combined with a favorable market outlook, have positioned the company for potential growth in the coming quarters.