MetLife (MET) Lags Q1 Earnings Estimates

Group 1: Earnings Performance - MetLife reported quarterly earnings of $1.96 per share, missing the Zacks Consensus Estimate of$ 1.99 per share, but showing an increase from $1.83 per share a year ago, representing an earnings surprise of -1.51% [1] - The company posted revenues of$ 18.83 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.40%, compared to year-ago revenues of $17.02 billion [2] - Over the last four quarters, MetLife has surpassed consensus EPS estimates just once, while topping consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - MetLife shares have declined approximately 6.7% since the beginning of the year, compared to a decline of -5.5% for the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is$ 2.30 on revenues of $18.55 billion, and for the current fiscal year, it is$ 9.11 on revenues of $74.94 billion [7] Group 3: Industry Context - The Insurance - Multi line industry, to which MetLife belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact MetLife's stock performance [5] - The Zacks Rank for MetLife is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6]