Metlife Earnings Preview: Can This Streak Continue?

Metlife (NYSE:MET) will report earnings after markets close on Wednesday, May 1st. MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.

Here is your Cheat Sheet to Metlife Earnings:

Earnings Expectations: Analysts expect earnings of $1.30 per share on revenues of $17.31 billion. Currently, the company’s P/E ratio stands at 34.12.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.32 to a profit $1.31. For the current year, the average estimate is a profit of $5.28, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Metlife has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 50,980 41,060 52,250 70,240 68,150
Diluted EPS ($) 4.14 -2.89 2.86 5.76 1.12

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 16,740 15,920 18,400 16,500 17,330
Diluted EPS ($) 0.8993 -0.16 2.12 -0.92 0.0875

Past Performance:
Metlife has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]