MetLife Meets Third-Quarter Estimates
MetLife
(MET) - Get MetLife Inc. Report
posted third-quarter earnings that rose 26% and met analysts' expectations for the period.
The New York insurer earned $384 million, or 49 cents a diluted share, compared with $305 million, or 39 cents a share, for the same period last year. A
First Call/Thomson Financial
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poll of 13 analysts produced a consensus estimate of 49 cents a share.
Total revenue for the quarter rose to $8.02 billion from $6.22 billion a year ago. Third-quarter premiums and fees rose to $4.42 billion from $3.31 billion a year ago.
Shares of MetLife were recently up $1, or 3.8%, to $27.06 in trading on the
New York Stock Exchange
.
