Investing.com - MetLife (NYSE:MET) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
MetLife announced earnings per share of $0.83 on revenue of $13.85B. Analysts polled by Investing.com anticipated EPS of $0.9 on revenue of $15.08B.
MetLife shares are down 24.84% from the beginning of the year and are trading at $38.31 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3% from the start of the year.
MetLife follows other major Financial sector earnings this month
MetLife's report follows an earnings beat by Mastercard on July 30, who reported EPS of $1.36 on revenue of $3.34B, compared to forecasts EPS of $1.17 on revenue of $3.25B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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