Investing.com - MetLife (NYSE:MET) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.54 on revenue of $18.68B. Analysts polled by Investing.com forecast EPS of $1.4 on revenue of $16.37B. That compared to EPS of $1.38 on revenue of $16.29B in the same period a year earlier. The company had reported EPS of $1.38 on revenue of $17.5B in the previous quarter.
MetLife shares lost 0.41% to trade at $46.11 in after-hours trade following the report.
For the year, MetLife shares are up 12.76%, under-performing the S&P 500 which is up 23.03% year to date.
MetLife follows other major Financial sector earnings this month
On October 15, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.47B.
Bank of America earnings beat analyst's expectations on October 16, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.54 on revenue of $22.58B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar