MetLife Meets Third-Quarter Estimates

MetLife

(MET) - Get 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

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

.