How Should You Play MetLife (MET) Ahead of Q1 Earnings?

Published on 29 Apr 2024 on Zacks via Yahoo Finance

How Should You Play MetLife (MET) Ahead of Q1 Earnings?

MetLife, Inc. MET is slated to release first-quarter 2024 results on May 1, after market close. Higher premiums, variable investment income and increased volumes across Group Benefits and Latin America units are likely to have worked well for the company, partly undone by rising costs.

Factors to Note

In the first quarter, revenues of MetLife are expected to have benefited on the back of higher premiums and net investment income. The Zacks Consensus Estimate for premiums is pegged at $10.9 billion, which indicates an improvement of 13.5% from the year-ago quarter’s reported figure.

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How Should You Play MetLife (MET) Ahead of Q1 Earnings?

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