MetLife (MET) Q4 Earnings & Revenues Top Estimates, Rise Y/Y
MetLife, Inc.’s MET fourth-quarter 2019 operating earnings of $1.98 per share beat the Zacks Consensus Estimate by 41.4% and surged 46.7% year over year. Earnings gained from a rise in revenues.
Behind the Headlines
The company generated operating revenues of $18.2 billion, up 18% year over year, and surpassed the Zacks Consensus Estimate by 8.9%.
Adjusted premiums, fees & other revenues, excluding pension risk transfer, grew 24% year over year to $13.8 billion. Net investment income (adjusted) of $4.5 billion increased 3% year over year.
Total adjusted expenses of $16.5 million were up 19.6% year over year.
Book value per share was $48.97, up 9.7% year over year.
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https://finance.yahoo.com/news/metlife-m...03371.html
MetLife, Inc.’s MET fourth-quarter 2019 operating earnings of $1.98 per share beat the Zacks Consensus Estimate by 41.4% and surged 46.7% year over year. Earnings gained from a rise in revenues.
Behind the Headlines
The company generated operating revenues of $18.2 billion, up 18% year over year, and surpassed the Zacks Consensus Estimate by 8.9%.
Adjusted premiums, fees & other revenues, excluding pension risk transfer, grew 24% year over year to $13.8 billion. Net investment income (adjusted) of $4.5 billion increased 3% year over year.
Total adjusted expenses of $16.5 million were up 19.6% year over year.
Book value per share was $48.97, up 9.7% year over year.
...
https://finance.yahoo.com/news/metlife-m...03371.html
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