Ahead of MetLife (MET) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that MetLife (MET) will report quarterly earnings of $2.19 per share, reflecting a 4% decline year over year, with revenues expected to reach $18.39 billion, down 1.5% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenue- Premiums' to be $11.29 billion, indicating a year-over-year decline of 2.9% [4]. - The consensus estimate for 'Revenue- Other Revenues' is $656.89 million, reflecting a 3% increase from the previous year [5]. - 'Revenue- Universal life and investment-type product policy fees' is expected to reach $1.28 billion, showing a slight decline of 0.4% year over year [5]. - 'Revenue- Net investment income' is projected at $5.13 billion, down 1.4% from the same quarter last year [5]. Adjusted Revenue Insights - Total Adjusted Revenue for Latin America is expected to be $1.94 billion, up 1.9% year over year [6]. - Total Adjusted Revenue for U.S. Business is projected at $10.80 billion, down 3.7% from the prior year [7]. - Total Adjusted Revenue for EMEA is estimated at $726.53 million, reflecting a 7.6% increase year over year [7]. - Total Adjusted Revenue for Asia is expected to be $2.92 billion, indicating a 2.9% increase from the previous year [7]. Net Investment Income Projections - Adjusted Revenue for Asia's Net investment income is projected at $1.17 billion, up 0.5% year over year [8]. - Adjusted Revenue for EMEA's Net investment income is expected to reach $57.66 million, reflecting a 6.8% increase [8]. - Adjusted Revenue for Latin America's Net investment income is projected at $412.51 million, indicating a 3.7% increase year over year [9]. Stock Performance - MetLife shares have decreased by 5.8% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.3% [9].