MetLife: Q2 Earnings Snapshot

Associated Press Finance
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NEW YORK (AP) — NEW YORK (AP) — MetLife Inc. (MET) on Wednesday reported second-quarter net income of $946 million.

The New York-based company said it had net income of $1.28 per share. Earnings, adjusted for non-recurring costs, were $2.28 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.

The insurer posted revenue of $17.82 billion in the period. Its adjusted revenue was $18.68 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $18.19 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MET at https://www.zacks.com/ap/MET