Market Overview

MetLife Earnings Preview: Analysts Expect Rising Revenue, Falling EPS Over Previous Quarter

MetLife (NYSE: MET) announces its next round of earnings this Thursday, July 28, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report.

Earnings and Revenue:

Analysts are predicting an EPS reading of $1.11 per share and revenues of $16.12 billion. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of $1.23 per share on revenues of $12.83 billion. We'll have to wait for Thursday to see if MetLife reports a decline in EPS and a boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $1.26 $1.10 $1.03 $1.00
EPS Actual $1.33 $1.14 $0.99 $1.23

Stock Performance:

At last check, shares of MetLife were trading at $41.74. Since January 1st, shares of MetLife have declined 6.1%. For a full 12 months, the return has risen by 8.4%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for MetLife is a Moderate Buy. The strength of this rating has stayed consistent over the past three months.

Competitors:

Wondering how MetLife compares to rivals in the same sector? Here are a few of the company's peers.

  • Lincoln National (NYSE: LNC): Moderate Buy with a $1.08 recent quarter EPS
  • Kansas City Life Insurance Company (NASDAQ: KCLI): $0.42 recent quarter EPS

The insurance-multiline company's industry has seen price/earnings growth of 0.8% during the current fiscal year.

Finally, a description of the company's main areas of operation: MetLife provides individual insurance, employee benefits and financial services throughout the United States and the regions of Latin America, Europe, and Asia Pacific.

Take Action:

There is your peek into MetLife's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

  • To see up-to-date news on MetLife, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here

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