Earnings Preview: MetLife
Portfolio Pulse from Benzinga Insights
MetLife (NYSE:MET) is scheduled to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $1.90. Investors are looking for an earnings beat and positive guidance for the next quarter. MetLife's stock performance has been negative over the last 52 weeks, with shares down 3.35%, trading at $70.36 as of January 29. Historical EPS performance shows mixed results with both misses and beats in previous quarters.
January 30, 2024 | 4:00 pm
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MetLife is expected to report an EPS of $1.90 in its upcoming earnings. Historical performance shows a mixed impact on stock price post-earnings, with a slight increase last quarter despite an EPS miss. Long-term shareholders may be bearish due to the overall negative stock performance over the past year.
The expected EPS of $1.90 sets a benchmark for MetLife's performance. Historical data indicates that the stock price could react in either direction post-earnings, regardless of an EPS beat or miss. The long-term negative trend may temper any positive reaction to an earnings beat, while guidance will likely play a crucial role in short-term price movement.
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