On Tuesday, Shares of MetLife Inc. (NYSE: MET) rose 0.11% to $44.35. The stock traded total volume of 1,082,601 shares lower than the average volume of 5.71M shares.
MetLife Inc. (MET) stated fourth-quarter net income of $2.070B. The New York-based Company said it had net income of $2.04 per share. Earnings, adjusted for non-recurring gains, were $1.35 per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The insurer posted revenue of $15.660B in the period. Its adjusted revenue was $15.40B.
For the year, the company stated profit of $5.120B, or $4.91 per share. Revenue was stated as $68.160B.
MET has the market capitalization of $42.11B and its EPS growth ratio for the past five years was 11.10%. The return on assets ratio of the Company was 0.70% while its return on investment ratio stands at 9.10%. Price to sales ratio was 0.62 while 78.50% of the stock was owned by institutional investors.