MetLife (NYSE:MET) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
MetLife missed estimated earnings by 16.94%, reporting an EPS of $1.52 versus an estimate of $1.83.
Revenue was down $1.60 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 4.09% drop in the share price the next day.
Here’s a look at MetLife’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.65 | 1.38 | 1.47 | 1.65 |
| EPS Actual | 1.55 | 1.21 | 2 | 2.08 |
| Revenue Estimate | 17.32B | 19.67B | 16.11B | 16.78B |
| Revenue Actual | 15.84B | 23.69B | 18.30B | 17.72B |
To track all earnings releases for MetLife visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
