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Monday, May 1, 2017

MetLife Earnings Preview: A Tale Of Two Companies

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MetLife reports QE March 2017 financial results on May 3




Summary

● Another average financial performance of $1.27 Non-GAAP earnings per share is expected by MetLife for the quarter ended March 2017. GAAP financial performance has been volatile and created investor uncertainty.

● MET stock reached a closing high of $57.39 on December 9, 2016, has declined almost 10% subsequently, and is negative for 2017.

● CEO Steven Kandarian continues as Chairman and CEO after his mandatory retirement was waived by the Board of Directors in 2016.


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About MetLife

MetLife, Inc. is a leading global provider of insurance, annuities, employee benefits and asset management, serving approximately 100 million customers and more than 90 of the top one hundred FORTUNE 500® companies. Through its subsidiaries and affiliates, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.


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