NEW YORK (AP) — NEW YORK (AP) — MetLife Inc. (MET) on Wednesday reported first-quarter net income of $867 million.
The New York-based company said it had net income of $1.10 per share. Earnings, adjusted for non-recurring costs, were $1.83 per share.
The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of $1.83 per share.
The insurer posted revenue of $16.06 billion in the period. Its adjusted revenue was $17.02 billion, falling short of Street forecasts. Five analysts surveyed by Zacks expected $17.69 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MET at https://www.zacks.com/ap/MET
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
