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Brighthouse Financial reports Q1 adjusted EPS $4.17, consensus $4.55

Reports Q1 revenue $2.39B, consensus $2.30B. Reports book value $61.17 per share vs. $39.88 last year. It said, “The company’s annuity sales decreased 21% quarter-over-quarter, primarily driven by lower sales of fixed annuities, partially offset by increased sales of Shield Level Annuities. Annuity sales increased 1% sequentially. Life sales increased 24% quarter-over-quarter and 9% sequentially.”

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