MetLife Set to Report Strong First-Quarter Earnings Growth

New York-based MetLife, Inc. (MET), with a market cap of $50.6 billion, offers an extensive range of services in insurance, annuities, employee benefits, and asset management. Its diverse product lineup caters to various markets within the Americas, the Indo-Pacific region, and EMEA.

Upcoming First-Quarter Earnings Announcement

On Wednesday, April 30, after market close, MetLife will release its first-quarter results. Analysts anticipate that the company will report an adjusted EPS of $1.99, reflecting an 8.7% increase from last year’s $1.83. Despite meeting or exceeding Wall Street’s earnings expectations in two of the last four quarters, MetLife has also missed estimates on two occasions.

Fiscal Year Earnings Projections

For the full fiscal 2025, analysts forecast MET’s earnings to reach $9.11 per share, a 12.3% rise from $8.11 per share reported in the previous year. Looking ahead to fiscal 2026, earnings are expected to grow further by 12.7% year-over-year, reaching $10.27 per share.

Stock Performance and Market Comparison

Over the past 52 weeks, MET stock has gained 4.3%, which is significantly lower than the S&P 500 Index’s 8.2% increase and the Financial Select Sector SPDR Fund’s 17.3% rise during the same timeframe.

Recent Quarter’s Financial Highlights

Following its disappointing Q4 results on February 5, MET stock fell by 1.6%. Although the company’s premium collection increased by 5.8% year-over-year to $14.5 billion, derivative losses contributed to a 1.9% decrease in overall revenue, down to $18.7 billion. Adjusted net income was steady at $1.4 billion, while adjusted earnings fell short of estimates at $2.08 per share, missing consensus expectations by 2.4%.

Analyst Outlook Remains Positive

Despite recent challenges, analysts hold a positive outlook for MetLife’s stock. The consensus rating remains bullish with a “Strong Buy” recommendation. Among the 18 analysts covering the stock, 13 have given it “Strong Buy” ratings, one has a “Moderate Buy,” and four are “Holds.” Presently, the stock is trading below its mean price target of $92.31.

On the date of publication, Aditya Sarawgi did not hold positions in any of the securities mentioned in this article. All information is provided for informational purposes only. For more details, please refer to the Barchart Disclosure Policy here.

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