Compared to Estimates, MetLife (MET) Q4 Earnings: A Look at Key Metrics

Core Insights - MetLife reported $19.74 billion in revenue for Q4 2024, a year-over-year increase of 5.5% [1] - The EPS for the same period was $2.08, compared to $1.93 a year ago, but fell short of the consensus estimate of $2.13, resulting in an EPS surprise of -2.35% [1] Revenue Performance - The reported revenue exceeded the Zacks Consensus Estimate of $19.23 billion, representing a surprise of +2.65% [1] - Revenue from premiums was $12.62 billion, surpassing the average estimate of $12.08 billion, reflecting a +7.1% year-over-year change [4] - Other revenues amounted to $641 million, slightly above the estimated $635.59 million, but showed a -2.9% change compared to the previous year [4] Adjusted Revenue Metrics - Adjusted revenue from Corporate & other net investment income was $126 million, exceeding the estimate of $91.17 million, marking a +28.6% change year-over-year [4] - Adjusted revenue from Retirement & Income Solutions premiums reached $3.46 billion, significantly higher than the estimate of $2.20 billion, with a year-over-year increase of +26.5% [4] - Adjusted revenue from Latin America net investment income was $431 million, slightly below the estimate of $436.74 million, reflecting a -10.6% change year-over-year [4] Stock Performance - MetLife shares returned +3% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]