Investing.com - MetLife (NYSE:MET) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.35 on revenue of $15.66B. Analysts polled by Investing.com expected EPS of $1.28 on revenue of $15.89B. That compared to EPS of $0.64 on revenue of $15.75B in the same period a year earlier. The company had reported EPS of $1.38 on revenue of $16.29B in the previous quarter.
MetLife shares lost 0.02% to trade at $45.19 in after-hours trade following the report.
MetLife shares lost 0.02% to trade at $45.19 in after-hours trade following the report.
For the year, MetLife shares are up 10.08%, broadly in line with the S&P 500 which is up 10.3% year to date.
MetLife follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Wells Fargo&Co earnings beat analyst's expectations on Tuesday, January 15, 2019, with fourth quarter EPS of $1.21 on revenue of $20.98B. Investing.com analysts expected EPS of $1.19 on revenue of $21.74B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar