MET Earnings Prediction
The chart below shows how MET performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MET sees a -1.45% change in stock price 10 days leading up to the earnings, and a -0.44% change 10 days following the report. On the earnings day itself, the stock moves by -0.02%. This data can give you a slight idea of what to expect for the next quarter's release.
MET Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
18.50B
16.60%
3.71%
Gross Margin
--
--
--
Operating Margin
12.49%
147.82%
51.21%
Net Margin
7.25%
132.37%
35.77%
EPS
1.81
223.21%
41.41%
No Data Available
MET Earnings Analysis
MetLife, Inc. Corporation (MET.N) Earnings Conference Call
Positive
Adjusted Earnings Increase: 1. Strong Adjusted Earnings Growth: MetLife reported adjusted earnings of $1.4 billion, translating to $1.93 per share, reflecting a 12% increase in year-to-date adjusted earnings per share excluding notable items.
Strong Return on Equity: 2. High Return on Equity: The company achieved a 14.6% adjusted return on equity, exceeding its target range of 13% to 15% for the full year, demonstrating effective capital deployment.
Cost Efficiency Enhancement: 3. Cost Efficiency Improvement: MetLife's direct expense ratio improved to 11.7%, below the annual target of 12.3%, showcasing the company's commitment to operational efficiency.
Shareholder Return Highlights: 4. Significant Shareholder Returns: In Q3, MetLife returned approximately $1.2 billion to shareholders through dividends and share repurchases, including $400 million in dividends and $800 million in share buybacks.
Group Benefits Revenue Growth: 5. Strong Growth in Group Benefits: Adjusted premiums, fees, and other revenue in the Group Benefits segment grew by 5.3% in the quarter, with year-to-date sales up 9%, driven by strong performance in national accounts.
Negative
Earnings Decline Report: 1. Decline in Adjusted Earnings: MetLife reported adjusted earnings of $1.4 billion, down 8% year-over-year, primarily due to lower recurring interest margins.
Group Benefits Earnings Decline: 2. Group Benefits Earnings Drop: Adjusted earnings for the Group Benefits segment were $431 million, down 11% year-over-year, attributed to less favorable non-medical health underwriting margins.
Earnings Decline in Solutions: 3. Retirement and Income Solutions Earnings Decrease: Adjusted earnings for Retirement and Income Solutions totaled $368 million, down 10% compared to the prior year, driven by lower recurring interest margins.
Asia Earnings Decline: 4. Asia Segment Earnings Decline: Adjusted earnings from Asia were $347 million, down 6% year-over-year, primarily due to market-related items affecting performance.
Earnings Decline Analysis: 5. MetLife Holdings Earnings Fall: Adjusted earnings for MetLife Holdings decreased by 17% year-over-year to $170 million, primarily due to foregone earnings from a reinsurance transaction.
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MET Earning Call Sentiment
MetLife, Inc. (MET) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
MET.N
1.08%Positive
The earnings call shows mixed signals: declining earnings and margins, but optimistic guidance and improved IRR. Share repurchases and dividends are positive, but lower earnings and unclear management responses on risks are concerns. The Q&A reveals competitive pricing and FX challenges. Overall, the neutral sentiment reflects balanced positives and negatives, with no strong catalyst for significant stock movement.