Compared to Estimates, MetLife (MET) Q2 Earnings: A Look at Key Metrics

Core Insights - MetLife reported $17.92 billion in revenue for Q2 2025, a year-over-year decline of 4.1%, with EPS of $2.02 compared to $2.28 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $18.39 billion, resulting in a surprise of -2.58%, while the EPS also missed the consensus estimate of $2.19 by -7.76% [1] Financial Performance Metrics - Adjusted Revenue from EMEA for Universal life and investment-type product policy fees was $84 million, exceeding the average estimate of $79.75 million, marking a +9.1% year-over-year change [4] - Adjusted Revenue from Corporate & other for Premiums was $8 million, below the average estimate of $8.73 million, reflecting a -46.7% year-over-year decline [4] - Adjusted Revenue from EMEA for Other Revenues was $9 million, surpassing the estimated $8.44 million, showing a +12.5% year-over-year increase [4] - Adjusted Revenue from Corporate & other for Other Revenues was $118 million, exceeding the average estimate of $100.33 million, representing a +21.7% year-over-year change [4] - Revenue from Premiums was $10.81 billion, below the five-analyst average estimate of $11.29 billion, indicating a -7% year-over-year decline [4] - Revenue from Other Revenues was $679 million, slightly above the estimated $656.89 million, reflecting a +6.4% year-over-year increase [4] - Revenue from Universal life and investment-type product policy fees was $1.26 billion, slightly below the average estimate of $1.28 billion, showing a -1.7% year-over-year decline [4] - Net investment income was reported at $5.66 billion, exceeding the estimated $5.13 billion, marking an +8.8% year-over-year increase [4] - Adjusted Revenue from Retirement & Income Solutions for Premiums was $1.21 billion, significantly below the average estimate of $1.79 billion, reflecting a -50.6% year-over-year decline [4] - Adjusted Revenue from Retirement & Income Solutions for Universal life and investment-type product policy fees was $85 million, slightly below the average estimate of $90.7 million, showing a +16.4% year-over-year increase [4] - Adjusted Revenue from Retirement & Income Solutions for Net investment income was $2.15 billion, matching the average estimate, with a +1.3% year-over-year change [4] - Adjusted Revenue from Retirement & Income Solutions for Other Revenues was $60 million, slightly above the estimated $59.67 million, reflecting a -1.6% year-over-year decline [4] Stock Performance - MetLife's shares have returned -6% over the past month, contrasting with the Zacks S&P 500 composite's +0.5% change, indicating potential underperformance in the near term [3]