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Stock impact report

Why Is MetLife (MET) Up 6.7% Since Last Earnings Report? [Yahoo! Finance]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is MetLife due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. MetLife Q4 Earnings Miss on High Costs & Weak EMEA Unit MetLife reported fourth-quarter 2023 adjusted operating earnings of $1.93 per share, which fell short of the Zacks Consensus Estimate by 1%. The bottom line improved 21% year over year. Adjusted operating revenues of MetLife climbed 21.5% year over year to $18.7 billion in the quarter under review. The top line outpaced the consensus mark by 3.6%. The quarterly results suffered due to an elevated expense level, market risk benefit remeasurement losses and feeble contributions from the Europe, the Middle East and Africa ("EMEA") segment. Nevertheless, the downside was partly offset by improved investment returns, volume gro Show less Read more
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