MetLife Q1 2024 Adj EPS $1.83 Beats $1.82 Estimate, Adj Sales $17.016B Miss $17.728B Estimate
Portfolio Pulse from Benzinga Newsdesk
MetLife (NYSE:MET) reported Q1 2024 adjusted earnings of $1.83 per share, surpassing the $1.82 estimate, marking a 20.39% year-over-year increase. However, adjusted sales of $17.016 billion fell short of the $17.728 billion estimate, despite a 5.52% increase from the previous year.
May 01, 2024 | 8:18 pm
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MetLife reported a Q1 2024 earnings beat with $1.83 per share against estimates of $1.82, but missed on sales with $17.016B vs. $17.728B expected.
The earnings beat could positively influence investor sentiment, but the sales miss might temper optimism. The net effect could be neutral in the short term as investors weigh the mixed results.
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IMPORTANCE 90
RELEVANCE 100