Brookfield Reinsurance First Quarter 2024 Earnings: EPS: US$2.30 (vs US$1.89 loss in 1Q 2023)
Brookfield Reinsurance (NYSE:BNRE) First Quarter 2024 Results
Key Financial Results
Revenue: US$2.59b (up 115% from 1Q 2023).
Net income: US$335.0m (up from US$98.0m loss in 1Q 2023).
Profit margin: 13% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
EPS: US$2.30 (up from US$1.89 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Brookfield Reinsurance shares are up 1.2% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Brookfield Reinsurance.
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