MET

MetLife Inc. Reveals Drop In Q4 Profit

(RTTNews) - MetLife Inc. (MET) revealed a profit for fourth quarter that Drops, from the same period last year

The company's earnings came in at $778 million, or $1.17 per share. This compares with $1.239 billion, or $1.78 per share, last year.

Excluding items, MetLife Inc. reported adjusted earnings of $1.709 billion or $2.58 per share for the period.

The company's revenue for the period rose 27.6% to $23.814 billion from $18.666 billion last year.

MetLife Inc. earnings at a glance (GAAP) :

-Earnings: $778 Mln. vs. $1.239 Bln. last year. -EPS: $1.17 vs. $1.78 last year. -Revenue: $23.814 Bln vs. $18.666 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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