MetLife (MET) Earnings Expected to Grow: Should You Buy?

Company Overview - MetLife (MET) is expected to report a year-over-year increase in earnings, with a projected EPS of $2.13, reflecting a +10.4$19.23 billion, up 2.7% from the previous year [3][12] - The upcoming earnings report is scheduled for February 5, 2024, and the stock may react positively if results exceed expectations, while a miss could lead to a decline [2][3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 3.09% lower in the last 30 days, indicating a bearish sentiment among analysts regarding MetLife's earnings prospects [4][10] - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.56%, which complicates the prediction of an earnings beat [10][11] Earnings Surprise History - In the last reported quarter, MetLife was expected to post earnings of $2.16 per share but only achieved$1.93, resulting in a surprise of -10.65% [12] - Over the past four quarters, MetLife has only beaten consensus EPS estimates once [13] Comparison with Industry Peers - Prudential (PRU), another player in the insurance industry, is expected to report an EPS of $3.28 for the same quarter, indicating a +27.1$14.15 billion, up 8.7% [17] - Prudential's consensus EPS estimate has also been revised 0.6% lower, leading to an Earnings ESP of -1.07%, making it similarly challenging to predict an earnings beat [18]