30.04.2014 22:26:55

MetLife Q1 Profit Rises - Quick Facts

(RTTNews) - MetLife Inc. (MET) Wednesday reported first-quarter net income available to common shareholders of $1.3 billion or $1.14 per share, compared to $956 million or $0.87 per share last year.

Excluding items, operating earnings available to common shareholders for the quarter were $1.56 billion or $1.37 per share compared with $1.63 billion or $1.47 per share a year ago.

On average, 19 analysts polled by Thomson Reuters estimated earnings of $1.40 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $17.12 billion compared with $16.88 billion in the prior year. Ten analysts estimated revenues of $17.67 billion for the quarter.

Premiums, fees & other revenues for the quarter rose 2 percent to $12.03 billion from $11.80 billion last year. On a constant currency basis, this was up 5 percent.

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