NEW YORK (AP) _ MetLife Inc. (MET) on Wednesday reported fourth-quarter web earnings of $2.07 billion.
The New York-based firm stated it had web earnings of $2.04 per share. Earnings, adjusted for non-recurring positive factors, had been $1.35 per share.
The outcomes topped Wall Road expectations. The common estimate of seven analysts surveyed by Zacks Funding Analysis was for earnings of $1.30 per share.
The insurer posted income of $15.66 billion within the interval. Its adjusted income was $15.four billion.
For the 12 months, the corporate reported revenue of $5.12 billion, or $four.91 per share. Income was reported as $68.16 billion.
MetLife shares have climbed 10 % for the reason that starting of the 12 months, whereas the Customary & Poor's 500 index has risen 9 %. Within the closing minutes of buying and selling on Wednesday, shares hit $45.20, a drop of two % within the final 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on MET at https://www.zacks.com/ap/MET
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