MetLife Q2 2024 Adj. EPS $2.28 Beats $2.11 Estimate
Portfolio Pulse from Benzinga Newsdesk
MetLife (NYSE:MET) reported Q2 2024 adjusted earnings per share (EPS) of $2.28, surpassing the analyst consensus estimate of $2.11 by 8.06%.
July 31, 2024 | 8:16 pm
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POSITIVE IMPACT
MetLife reported Q2 2024 adjusted EPS of $2.28, beating the analyst estimate of $2.11 by 8.06%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The earnings beat indicates strong financial performance, which typically boosts investor confidence and can lead to a short-term increase in the stock price. The 8.06% beat over the consensus estimate is significant and suggests that MetLife is performing well above expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100