Corebridge Financial

Q3 FY2026 EarningsQ3 FY26 beat consensus across major bottom-line metrics despite a revenue miss. GAAP EPS of $3.22 significantly outperformed the $1.19 expected, primarily driven by massive net realized gains of $1.6B including Fortitude Re embedded derivative adjustments. Normalized EPS of $1.22 was roughly in line with the $1.24 consensus. Revenue of $6.16B exceeded the $5.21B expected on a GAAP basis, although adjusted revenues declined YoY. The pending merger with Equitable Holdings remains on track for year-end 2026 closing, providing a clear strategic roadmap.