Track market-moving stories before they get noisy

Wall Street expects a year-over-year decline in earnings on higher revenues when Corebridge Financial (CRBG - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on August 4, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis financial services company is expected to post quarterly earnings of $1.08 per share in its upcoming report, which represents a year-over-year change of -20.6%.

Revenues are expected to be $4.51 billion, up 2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.17% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Corebridge?For Corebridge, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.16%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Corebridge will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Corebridge would post earnings of $1.07 per share when it actually produced earnings of $1.05, delivering a surprise of -1.87%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Corebridge doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAmong the stocks in the Zacks Insurance - Multi line industry, Hippo Holdings Inc. (HIPO - Free Report) , is soon expected to post earnings of $0.21 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -67.7%. This quarter's revenue is expected to be $137.95 million, up 17.6% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Hippo Holdings has been revised 28.6% down to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that Hippo Holdings will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the addition of Protected Growth Benefit and preset allocation options to select versions of The Power Series of Index Annuities®, enhancing the accumulation and diversification capabilities of the company's index annuity lineup. Corebridge research found that protecting and growing retirement savings are both key goals for pre-retirees ages 45+, with 73% saying it is very important to make sure their retirement nest egg does not de.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick and Foti, LLC (“KSF”) are investigating the proposed merger of

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced enhancements to its Max Accumulator+ III index universal life insurance product, including new index strategies, as well as changes designed to improve cash value outcomes. These updates are intended to give customers more diversification in how they allocate and build policy value over time and strengthen long-term growth potential. Corebridge Financial research highlights the financial concerns many Americans report, including hea.

New Corebridge Financial Research Reveals Only 28% of Workers and Retirees Are Psychologically Comfortable Spending Their Retirement Savings New Corebridge Financial Research Reveals Only 28% of Workers and Retirees Are Psychologically Comfortable Spending Their Retirement Savings

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2026 financial results after the market closes on Monday, May 4, 2026. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com.

Corebridge will host a conference call at 10:00 a.m. EDT on Tuesday, May 5, 2026, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event.

About Corebridge Financial

Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $385 billion in assets under management and administration as of December 31, 2025, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com and follow us on LinkedIn.

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced the appointment of the Company’s Chief Accounting Officer Christopher Filiaggi as Interim Chief Financial Officer, effective April 24, 2026. Filiaggi will report to Marc Costantini, President and Chief Executive Officer, and join the Executive Leadership Team.

Filiaggi will serve as Interim Chief Financial Officer while the Company prepares for its planned merger (the “Proposed Transaction”) with Equitable Holdings, Inc. (“Equitable Holdings”). In this role, he will provide continuity, disciplined execution and steady financial leadership as Corebridge advances toward the combination.

“Chris is a deeply respected leader within our world-class finance team, with the experience and judgment to guide the organization through this transition,” said Costantini. “This internal appointment reflects the depth of talent and financial acumen we have at Corebridge.”

Filiaggi has served as Chief Accounting Officer for Corebridge since June 2023, overseeing financial reporting, accounting policy and internal controls. Prior to this role, he held finance leadership positions with Corebridge and American International Group, Inc. (AIG). Previously, Filiaggi was with PricewaterhouseCoopers LLP, advising insurance clients on accounting policies and regulatory compliance.

This appointment follows the previously announced transition of the Company’s current Chief Financial Officer, Elias Habayeb, who will continue with Corebridge through April 24, 2026. Filiaggi will remain in the interim role until the closing of the Proposed Transaction, when Robin M. Raju, Chief Financial Officer of Equitable Holdings, will serve as Chief Financial Officer of the combined company.

About Corebridge Financial

Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $385 billion in assets under management and administration as of December 31, 2025, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com and follow us on LinkedIn.

Cautionary Statement Regarding Forward-Looking Information

This press release includes statements, which, to the extent they are not statements of historical or present fact, constitute “forward looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements, and any related oral statements, can be identified by the use of terms such as “believes,” “expects,” “may,” “will,” “shall,” “should,” “would,” “could,” “seeks,” “aims,” “projects,” “forecasts,” “intends,” “targets,” “plans,” “estimates,” “anticipates,” “goals,” “guidance,” “formidable,” “preliminary,” “objective,” “continue,” “drive,” “improve,” “superior,” “robust,” “positioned,” “resilient,” “vision,” “potential,” “immediate,” and similar expressions or the negative of those expressions or verbs. We caution you that forward-looking statements are not guarantees of future performance or outcomes. Forward-looking statements are not historical facts but instead represent only our beliefs regarding future events, which may by their nature be inherently uncertain, and some of which may be outside our control. These statements include, but are not limited to, statements about the expected timing and completion of the Proposed Transaction, the anticipated benefits of the Proposed Transaction, including estimated synergies and projected cost savings, and plans and expectations for Corebridge, Equitable Holdings or their new parent company after completion of the Proposed Transaction.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors include, among others, the ability to complete the Proposed Transaction on the timeframe or on the terms currently anticipated or at all, including due to a failure to obtain requisite stockholder, stock exchange, regulatory, governmental or other approvals; risks related to difficulties, inabilities or delays in integrating the parties’ businesses; the ability to realize the anticipated benefits of the Proposed Transaction, including estimated run-rate expense synergies and projected cost savings at the times, and to the extent, anticipated, as well as expected operating earning and cashflow generation; the occurrence of any event, change or other circumstance that could give rise to the right of either or both parties to terminate the merger agreement; the potential impact of the announcement or consummation of the Proposed Transaction on Corebridge or Equitable Holdings’ stock price and on their respective business, contractual and operational relationships (including with regulatory bodies, employees, suppliers, clients and competitors); risks related to business disruptions from the Proposed Transaction that may harm the business or current plans and operations of either or both parties, including diversion of management time from ongoing business operations; the risk that the Proposed Transaction and its announcement could have an adverse effect on the ability of either or both parties to hire and retain key personnel; the parties’ ability to raise debt on favorable terms or at all; the outcome of any legal proceedings that may be instituted against Corebridge, Equitable Holdings, their new parent company or their respective directors; restrictions on the conduct of Corebridge and Equitable Holdings’ respective businesses prior to the closing of the Proposed Transaction and on each their ability to pursue alternatives to the Proposed Transaction; the possibility that the Proposed Transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events, or unforeseen or unknown liabilities; the deterioration of economic conditions; geopolitical tensions; the potential impact of a downgrade in Corebridge or Equitable Holdings’ Insurer Financial Strength ratings or credit ratings or of the new parent company of Corebridge and Equitable Holdings following completion of the Proposed Transaction; other factors that may affect future results of Corebridge and Equitable Holdings; and management’s response to any of the aforementioned factors.

The foregoing list of factors is not exhaustive. You should carefully consider these factors and the other risks and uncertainties described in the “Risk Factors” section of the new parent company’s Registration Statement on Form S-4 discussed below and other documents filed or furnished by Corebridge and Equitable Holdings from time to time with the U.S. Securities and Exchange Commission (the “SEC”), including their Annual Reports on Form 10-K for the year ended December 31, 2025. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual events and results could differ materially from those contained in the forward-looking statements. There may be additional risks that neither Corebridge nor Equitable Holdings presently know or that Corebridge and Equitable Holdings currently believe are immaterial that could also cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Corebridge and Equitable Holdings’ expectations, plans or forecasts of future events and views as of the date of this press release. Corebridge and Equitable Holdings anticipate that subsequent events and developments will cause Corebridge and Equitable Holdings’ assessments to change. While Corebridge and Equitable Holdings may elect to update these forward-looking statements at some point in the future, Corebridge and Equitable Holdings specifically disclaim any obligation to do so, unless required by applicable law. Neither Corebridge nor Equitable Holdings gives any assurance that Corebridge, Equitable Holdings or their new parent company will achieve the results or other matters set forth in the forward-looking statements.

No Offer or Solicitation

This press release is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”), or in a transaction exempt from the registration requirements of the Securities Act.

Important Information and Where to Find It

This press release relates to the Proposed Transaction that may become the subject of a Registration Statement on Form S-4 to be filed by the new parent company with the SEC. The Registration Statement will include a joint proxy statement of Corebridge and Equitable Holdings that will also constitute a prospectus of the new parent company. After the Registration Statement has been declared effective, the definitive joint proxy statement/prospectus will be mailed to the stockholders of each of Corebridge and Equitable Holdings. This press release is not a substitute for the Registration Statement that the new parent company intends to file with the SEC or any other documents that may be sent to Corebridge’s stockholders or Equitable Holdings’ stockholders in connection with the Proposed Transaction.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH, OR FURNISHED TO, THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION REGARDING COREBRIDGE, EQUITABLE HOLDINGS, THEIR NEW PARENT COMPANY, THE PROPOSED TRANSACTION AND RELATED MATTERS.

Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by Corebridge or Equitable Holdings through the website maintained by the SEC at http://www.sec.gov or from Corebridge at its website, https://www.corebridgefinancial.com, or from Equitable Holdings at its website, https://equitableholdings.com (information included on or accessible through either of Corebridge or Equitable Holdings’ website is not incorporated by reference into this press release).

Participants in the Solicitation

Corebridge and Equitable Holdings and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Corebridge’s stockholders or Equitable Holdings’ stockholders in connection with the Proposed Transaction under the rules of the SEC. Information about the directors and executive officers of Corebridge, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Corebridge’s definitive proxy statement for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 16, 2025, including under the headings “Compensation Discussion and Analysis,” “Compensation Tables” and “Security Ownership of 5% Beneficial Owners, Directors and Executive Officers.” To the extent holdings of Corebridge’s common stock by the directors and executive officers of Corebridge have changed or do change from the amounts of Corebridge’s common stock held by such persons as reflected therein, such changes have been or will be reflected on Initial Statements of Beneficial Ownership of Securities on Form 3 (“Form 3”), Statements of Changes in Beneficial Ownership on Form 4 (“Form 4”) or Annual Statements of Changes in Beneficial Ownership of Securities on Form 5 (“Form 5”), in each case filed with the SEC. Information about the directors and executive officers of Equitable Holdings, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Equitable Holdings’ definitive proxy statement for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 4, 2025, including under the headings “Executive Compensation” and “Certain Relationships and Related Person Transactions.” To the extent holdings of Equitable Holdings’ common stock by the directors and executive officers of Equitable Holdings have changed or do change from the amounts of Equitable Holdings’ common stock held by such persons as reflected therein, such changes have been or will be reflected on Forms 3, Forms 4 or Forms 5, in each case filed with the SEC. Other information regarding persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation of Corebridge or Equitable Holdings’ stockholders in connection with the Proposed Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Registration Statement. You may obtain free copies of these documents at the SEC’s website at www.sec.gov. Copies of documents filed with the SEC by Corebridge or Equitable Holdings will also be available free of charge from Corebridge or Equitable Holdings using the contact information above.

Posted by Defense World Staff on Apr 23rd, 2026

State of Alaska Department of Revenue bought a new stake in shares of Corebridge Financial, Inc. (NYSE:CRBG – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,555 shares of the company’s stock, valued at approximately $801,000.

A number of other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Corebridge Financial by 7.2% in the 3rd quarter. Vanguard Group Inc. now owns 26,831,915 shares of the company’s stock worth $859,963,000 after acquiring an additional 1,805,819 shares in the last quarter. Pzena Investment Management LLC raised its position in shares of Corebridge Financial by 19.3% in the 3rd quarter. Pzena Investment Management LLC now owns 22,329,199 shares of the company’s stock worth $715,651,000 after acquiring an additional 3,605,498 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Corebridge Financial by 6.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,686,747 shares of the company’s stock worth $214,372,000 after acquiring an additional 430,308 shares in the last quarter. LSV Asset Management raised its position in shares of Corebridge Financial by 2.1% in the 3rd quarter. LSV Asset Management now owns 4,685,535 shares of the company’s stock worth $150,171,000 after acquiring an additional 98,435 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Corebridge Financial by 42.8% in the 2nd quarter. Bank of America Corp DE now owns 2,884,599 shares of the company’s stock worth $102,403,000 after acquiring an additional 864,946 shares in the last quarter. Institutional investors own 98.25% of the company’s stock.

Wall Street Analysts Forecast Growth Several research analysts have recently issued reports on the company. Piper Sandler raised Corebridge Financial to a “strong-buy” rating in a research report on Thursday, April 2nd. Barclays dropped their target price on shares of Corebridge Financial from $33.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Weiss Ratings cut shares of Corebridge Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Bank of America dropped their target price on shares of Corebridge Financial from $42.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Corebridge Financial from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $35.33.

View Our Latest Stock Analysis on Corebridge Financial

Corebridge Financial Trading Up 1.2% Corebridge Financial stock opened at $26.60 on Thursday. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.11. The business’s fifty day simple moving average is $25.75 and its two-hundred day simple moving average is $28.92. Corebridge Financial, Inc. has a 12 month low of $22.19 and a 12 month high of $36.57. The company has a market capitalization of $12.81 billion, a price-to-earnings ratio of -50.18, a price-to-earnings-growth ratio of 0.43 and a beta of 1.12.

Corebridge Financial (NYSE:CRBG – Get Free Report) last released its earnings results on Wednesday, February 11th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.11 by $0.11. Corebridge Financial had a positive return on equity of 18.92% and a negative net margin of 1.73%.The business had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same period in the previous year, the company posted $1.06 earnings per share. As a group, equities analysts predict that Corebridge Financial, Inc. will post 5.04 earnings per share for the current fiscal year.

Corebridge Financial Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.00 dividend on an annualized basis and a yield of 3.8%. This is an increase from Corebridge Financial’s previous quarterly dividend of $0.24. Corebridge Financial’s dividend payout ratio (DPR) is -188.68%.

About Corebridge Financial (Free Report)

Corebridge Financial (NYSE: CRBG) is a publicly traded provider of retirement, life insurance and asset management solutions. Formed from the separation of American International Group’s life and retirement operations, Corebridge focuses on helping individuals, employers and institutions manage retirement income, protect against longevity and mortality risks, and invest long-term savings. The company operates under a unified brand that brings together insurance products and investment capabilities to deliver integrated financial solutions.

Corebridge’s product suite includes retirement income and annuity products, individual and group life insurance, asset management and investment advisory services, and employer-sponsored retirement plan offerings.

Recommended Stories Five stocks we like better than Corebridge Financial

Receive News & Ratings for Corebridge Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corebridge Financial and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINERoyal Bank Of Canada Issues Positive Forecast for BOK Financial (NASDAQ:BOKF) Stock Price

NEXT HEADLINE »State of Alaska Department of Revenue Raises Stock Position in Gulfport Energy Corporation $GPOR

The market expects Corebridge Financial (CRBG - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on May 4, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis financial services company is expected to post quarterly earnings of $1.09 per share in its upcoming report, which represents a year-over-year change of -6%.

Revenues are expected to be $4.76 billion, up 0.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.99% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Corebridge?For Corebridge, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.05%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Corebridge will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Corebridge would post earnings of $1.11 per share when it actually produced earnings of $1.22, delivering a surprise of +9.91%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Corebridge doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Insurance - Multi line industry, Hippo Holdings Inc. (HIPO - Free Report) , is soon expected to post earnings of $0.29 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +115.2%. Revenues for the quarter are expected to be $129.8 million, up 17.7% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Hippo Holdings has been revised 237.5% up to the current level. Nevertheless, the company now has an Earnings ESP of +27.59%, reflecting a higher Most Accurate Estimate.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Hippo Holdings will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2026. “Corebridge delivered strong financial results in the first quarter,” said Marc Costantini, President and Chief Executive Officer. “Earnings per share and return on equity both improved year over year. This, alongside consistent organic growth and the proceeds from our variable annuity transaction, supported a record retur.

Corebridge Financial (CRBG - Free Report) reported $4.09 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 13.8%. EPS of $1.05 for the same period compares to $1.16 a year ago.

The reported revenue represents a surprise of -14.18% over the Zacks Consensus Estimate of $4.76 billion. With the consensus EPS estimate being $1.07, the EPS surprise was -1.43%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Corebridge performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Premiums: $387 million versus $1.12 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -56.5% change.Total Corebridge- Advisory fee and other income: $106 million versus the four-analyst average estimate of $102.51 million. The reported number represents a year-over-year change of -48.5%.Policy fees: $594 million versus $616.86 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -17.5% change.Total Corebridge- Net investment income: $2.99 billion versus $3.03 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.8% change.Revenue- Life Insurance: $1.04 billion versus the three-analyst average estimate of $1.06 billion. The reported number represents a year-over-year change of +0.1%.Revenue- Individual Retirement: $1.63 billion versus the three-analyst average estimate of $1.68 billion. The reported number represents a year-over-year change of -10.6%.Revenue- Corporate & Other: $14 million versus the three-analyst average estimate of $30.73 million. The reported number represents a year-over-year change of -74.1%.Revenue- Individual Retirement- Premiums: $16 million compared to the $26.38 million average estimate based on three analysts. The reported number represents a change of -40.7% year over year.Revenue- Individual Retirement- Policy fees: $77 million versus the three-analyst average estimate of $85.15 million. The reported number represents a year-over-year change of -61.1%.Revenue- Individual Retirement- Net investment income: $1.54 billion versus the three-analyst average estimate of $1.56 billion. The reported number represents a year-over-year change of +3.3%.Revenue- Group Retirement- Premiums: $1 million versus the three-analyst average estimate of $3.92 million. The reported number represents a year-over-year change of -75%.Revenue- Group Retirement- Policy fees: $109 million versus $112.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.View all Key Company Metrics for Corebridge here>>>

Shares of Corebridge have returned +14.6% over the past month versus the Zacks S&P 500 composite's +10% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

-

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has agreed to sell approximately 25 million shares of common stock of Corebridge Financial, Inc. (NYSE: CRBG), representing its remaining stake in the company. The sale, which is expected to close on May 7, will result in net proceeds to AIG of approximately $710 million.

Peter Zaffino, Chairman & CEO, AIG, said, “Today’s sale of our remaining stake in Corebridge marks the culmination of a five-year separation and a significant milestone in the successful execution of our strategy to exit the life and retirement business. We have transformed AIG into a more focused, leading, global property & casualty insurance company. This final step reflects years of disciplined planning, commitment, execution, and perseverance. Since Corebridge’s IPO in 2022, we have worked to ensure the company had the capabilities to operate effectively as a stand-alone organization and is well positioned for long-term success. I would like to thank our colleagues at both AIG and Corebridge for their outstanding work executing the separation and positioning both companies for continued momentum.”

About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

More News From American International Group, Inc.

Back to Newsroom

Corebridge Financial trades at a discounted 7.1x forward P/E, reflecting market skepticism post-AIG exit and amid Equitable merger integration risks. CRBG's $380B AUM, stable 3.67% dividend yield, and aggressive $2B buyback program highlight management's focus on shareholder returns over debt reduction. Operational efficiency improved to 18.5%, with product rotation toward fee-based revenue and fixed-indexed annuities reducing sensitivity to market fluctuations.

HOUSTON--(BUSINESS WIRE)--Baltimore City Public Schools (City Schools) has selected Corebridge Financial as the sole provider for its supplemental retirement savings plans. By consolidating from 12 providers to Corebridge exclusively, City Schools is able to reduce fees for its PK-12 workforce, enabling participants to keep more of their investment returns and help improve their long-term financial outcomes.

“Our plan consolidation with Corebridge represents an important evolution of our retirement benefits program, providing our educators and staff with greater financial clarity, retirement security, and confidence in their future,” said Christopher J. Doherty, Chief Financial Officer, Baltimore City Public Schools.

Corebridge, which has worked with City Schools for four decades as one of multiple providers, will now serve as the sole provider of the school system’s 403(b) and 457(b) retirement plans, covering approximately 10,000 participants and overseeing roughly $500 million in plan assets. Following an extensive competitive review, Corebridge emerged as the provider of choice, offering participants:

Lower fees No surrender fees Expanded investment options Personalized support from financial professionals Simplified experiences, communications and account management “Our longstanding relationship with Baltimore City Public Schools has given us a deep understanding of the needs of their educators and staff, and we take that responsibility seriously,” said Terri Fiedler, President of Retirement Services at Corebridge. “By transitioning to a more streamlined, participant-focused model, City Schools is positioning its retirement program for the future, and we’re proud to support that vision with our extensive experience serving K–12 school systems and proven ability to manage large-scale consolidations.”

Corebridge has served the retirement needs of K-12 educators and staff for more than 60 years, dating back to 1964 when Corebridge implemented one of the first-ever 403(b) retirement plans in a public school. Today, Corebridge remains an industry leader in the public K-12 marketplace as a top 3 retirement plan provider by assets, continuing to innovate and help school districts across the country modernize their defined contribution plans.1

1 LIMRA, Not-for-Profit Retirement Market Survey, 12/31/25

About Corebridge Financial

Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for more people to take action in their financial lives. With more than $380 billion in assets under management and administration as of March 31, 2026, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com and follow us on LinkedIn.

HOUSTON--(BUSINESS WIRE)--New research from Corebridge Financial reveals a retirement paradox: Even though fulfilling retirement dreams will likely require spending, many struggle with the thought of drawing down retirement savings to fund them. However, those with a decumulation plan have a much more positive outlook about retirement spending.

Only 28% of respondents are comfortable with the idea of their retirement savings declining to cover living expenses in retirement, and 70% say it is very important their nest egg does not shrink in retirement. Half associate retirement spending with “uncertainty” and 44% with “anxiety.”

A planning gap between the accumulation and decumulation phases of retirement may help explain this unease:

Just 14% of retirees say they have a detailed strategy to manage their Required Minimum Distributions. Only 29% of pre-retirees age 55 or older have a plan for retirement account withdrawals. “Retirement is meant to be enjoyed, but many find it difficult to give themselves permission to spend the savings they’ve worked so hard to build,” said Terri Fiedler, President of Retirement Services at Corebridge Financial. “Concerns about running out of money often shape spending habits that limit fulfillment later in life. Having a thoughtful decumulation strategy can help individuals manage complex financial decisions and feel more secure about the future.”

Fear of outliving savings may drive spending anxiety

When asked to choose, far more say they’d regret running out of money while still alive (56%) than dying with money left over (6%). Feeling financially secure is the top retirement goal for pre-retirees (85%) and retirees (82%).

This protectionist mindset may be leading to cautious spending behaviors: 38% of retirees say they have spent less than they wanted in order to maintain the size of their nest egg.

Surprisingly, retirees’ hesitation to spend is rarely driven by a desire to leave an inheritance: 83% do not have a specific inheritance goal and instead plan to leave behind whatever money is left over.

Planning and confidence are key to spending satisfaction

While many are uncomfortable drawing down savings in retirement, those who plan are more confident. Nearly 3 in 5 pre-retirees (57%) aged 55 or older who have a decumulation plan are highly confident they can manage spending throughout retirement, compared to 26% without a plan.

Similarly, 55% of retirees with a spending plan are highly confident, compared to only 29% without a plan.

Those who are highly confident they can manage their retirement spending are five times more likely to say spending in retirement is “empowering” (16% vs. 3%) and three times more likely to find it “rewarding” (20% vs. 6%) compared to those who lack confidence.

With 60% of respondents expecting to spend at least 20 years in retirement, and 45% expecting to live to age 90 or older, having the flexibility to confidently spend can enrich a long retirement. More than 6 in 10 associate retirement with “freedom” and “enjoyment.” Separate Corebridge research, “Living and Funding Longer Lives,” found that nearly 2 in 3 people see having more time to explore and experience new things as a benefit of living a very long life1—suggesting many hope to enjoy a retirement full of activities, which can often come with a price tag.

The most common approach to managing investments and spending in retirement cited by pre-retirees and retirees is using a consistent withdrawal percentage (e.g., the 4% rule).

“With fewer pensions, Social Security uncertainty and people living longer, it’s time to rethink how retirees transition from saving to spending,” continued Fiedler. “Previous strategies and rules of thumb may not cut it anymore. The new paradigm calls for a greater focus on guaranteed lifetime income.”

Enriching retirement with guaranteed income

Nearly 3 in 4 people believe having guaranteed lifetime income beyond Social Security, offered through solutions like annuities, would positively impact their ability to spend on things that make them happy.1

In fact, more respondents (47%) would prefer $60,000 per year guaranteed for life instead of a $1 million lump sum at age 65 (41%). And retirees say guaranteed lifetime income would enable them to spend more on personal fulfillment, including travel (69%), home improvements (29%) and dining out (25%).

Interest in guaranteed lifetime income from an annuity is strong with younger Gen Xers, who are most worried about their savings not lasting for life. Half of respondents ages 45–55 who are familiar with annuities said an annuity providing guaranteed lifetime income in retirement would be highly valuable.

This research is part of a wider campaign in collaboration with best-selling author and founder of HerMoney Jean Chatzky, to help people maximize their retirement security and enjoyment.

“For decades, retirement conversations have been focused on a singular financial challenge: Saving enough. It's a message Gen X, the first without pensions, took to heart and later generations followed,” said Chatzky. “But what's become evident as these folks start retiring is that without a plan of how to actually use that money, they face a retirement of uncertainty. Questions about how much you can spend, how well you can live, how much you can enjoy yourself and how long that money will last inevitably arise. Turning some of those hard-earned savings into a stream of income that lasts as long as you do can be a route to a more grounded, happier retirement all around.”

Visit our landing page for the full research findings, Corebridge’s new Decumulation Action Planner written by Jean Chatzky, and videos of Jean sharing real people’s stories on how they’re managing the shift from working and saving to spending and living in retirement.

About The Corebridge Financial Decumulation Planning Gap Study

The Decumulation Planning Gap Study was conducted for Corebridge Financial by Greenwald Research. Information was gathered through an online survey of 2,210 adults aged 45-79 who have $100,000 or more in investable assets. Surveys were completed between October 14, 2025, and November 3, 2025.

1Corebridge Financial Living and Funding Longer Lives, 2025

Annuities are long-term insurance products designed for retirement. Early withdrawals may be subject to withdrawal charges. Partial withdrawals reduce the contract value and may reduce certain benefits under the contract, such as the death benefit and the amount available upon full surrender. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Guaranteed lifetime withdrawal benefits and guaranteed living benefit riders may be optional or standard. Additional fees, age restrictions, withdrawal parameters, and other limitations apply.

All products and services are written or provided by subsidiaries of Corebridge Financial, Inc.

About Corebridge Financial

Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for more people to take action in their financial lives. With more than $380 billion in assets under management and administration as of March 31, 2026, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com and follow us on LinkedIn.