MetLife (MET) Q1 Earnings Meet, Rise Y/Y on Lower Expenses
METMetLife(MET) Zacks Investment Research·2024-05-03 03:21

MetLife, Inc. (MET) reported first-quarter 2024 adjusted operating earnings of 1.83pershare,whichmatchedtheZacksConsensusEstimate.Thebottomlineimproved20.41.83 per share, which matched the Zacks Consensus Estimate. The bottom line improved 20.4% year over year. Adjusted operating revenues of MET climbed 5.5% year over year to 17 billion in the quarter under review. However, the top line missed the consensus mark by 3.8%. The quarterly earnings benefited from declining expenses and strong growth in the Asia, EMEA and Latin America segments. Strong variable investment income also a ...