{"id":20165,"date":"2020-11-04T16:50:00","date_gmt":"2020-11-04T21:50:00","guid":{"rendered":"https:\/\/insurancenewsnet.com\/?post_type=oarticle&p=6268242"},"modified":"2020-11-04T16:50:00","modified_gmt":"2020-11-04T21:50:00","slug":"metlife-3q-earnings-snapshot","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/11\/04\/metlife-3q-earnings-snapshot\/","title":{"rendered":"MetLife: 3Q Earnings Snapshot"},"content":{"rendered":"

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NEW YORK (AP) — MetLife Inc. (MET) on Wednesday reported third-quarter earnings of $706 million.<\/p>\n

On a per-share basis, the New York-based company said it had profit of 69 cents. Earnings, adjusted for non-recurring costs, came to $1.73 per share.<\/p>\n

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.<\/p>\n

The insurer posted revenue of $16.02 billion in the period. Its adjusted revenue was $16.51 billion.<\/p>\n

MetLife shares have declined 23% since the beginning of the year, while the Standard & Poor’s 500 index has climbed almost 7%. In the final minutes of trading on Wednesday, shares hit $39, a decrease of 18% in the last 12 months.<\/p>\n

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This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on MET at https:\/\/www.zacks.com\/ap\/MET<\/a><\/p>\n

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Read the original article at insurancenewsnet.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Associated Press NEW YORK (AP) — MetLife Inc. (MET) on Wednesday reported third-quarter earnings of $706 million. On a per-share basis, the New York-based company said it had profit of 69 cents. Earnings, adjusted...<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20165"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20165"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20165\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}