"The analyst also increased her EPS estimates to reflect better alternative results in Q1 2022, higher interest rates, and higher accretion on buyback estimates. For 2022, Greenspan raised her estimate for Brighthouse's (BHF) EPS for 2022 to $14.90 from prior estimate of $14.10, for 2023 to $16.00 from $15.40, and keeps estimate for 2024 unchanged at $17.55."
Let that sink in. They could earn 90% of their market cap in 3 years! From that last conference call:
Bought back 17% of shares in 2020. 12% in 2021. $700 mil still left on buyback authorization. Market cap is $4 bil right now.
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