30.10.2013 21:35:46

MetLife Posts Q3 Profit - Quick Facts

(RTTNews) - MetLife, Inc. (MET) Wednesday reported third-quarter profit of $942 million or $0.84 per share, compared to a loss of $984 million or $0.92 per share in the same period last year.

Operating earnings for the quarter was $1.50 billion or $1.34 per share. On average, 20 analysts polled by Thomson Reuters expected the company to earn $1.36 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenues improved 2 percent to $16.90 billion from $16.61 billion last year. Analysts expected revenues of $17.20 billion.

Premiums, fees & other revenues amounted to $11.86 billion, up 3 percent from $11.56 billion last year.

Book value per share was $52.54, compared to $58.35 last year.

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