Metlife: MetLife: Q1 Earnings Snapshot

In This Article: NEW YORK (AP) - NEW YORK (AP) - MetLife Inc. (MET) on Wednesday reported first-quarter earnings of $945 million. On a per-share basis, the New York-based company said it had net income of $1.28. Earnings, adjusted for non-recurring costs, came to $1.96 per share. The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share. The insurer posted revenue of $18.57 billion in the period. Its adjusted revenue was $18.83 billion, topping Street forecasts. Five analysts surveyed by Zacks expected $18.21 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MET at https://www.zacks.com/ap/MET