MetLife Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component MetLife, Inc. (NYSE:MET) will unveil its latest earnings on Tuesday, February 14, 2012. MetLife provides individual insurance, employee benefits, and financial services.

MetLife, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.24 per share, a rise of 8.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.27. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.24 during the last month. For the year, analysts are projecting profit of $4.91 per share, a rise of 12.1% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 3 cents, coming in at net income of $1.11 a share versus the estimate of profit of $1.08 a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $16.81 billion in revenue this quarter, a rise of 18.3% from the year ago quarter. Analysts are forecasting total revenue of $66.51 billion for the year, a rise of 25.3% from last year’s revenue of $53.08 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, none rating it as a sell and four rating it as a hold.

A Look Back: In the third quarter, profit rose 1033.5% to $3.58 billion ($3.33 a share) from $316 million (32 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 64.4% to $20.46 billion from $12.44 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 20.4% in the second quarter from the year earlier, climbed 20.6% in the first quarter from the year-ago quarter and 4% in the fourth quarter of the last fiscal year.

The increase in profit in the third quarter came after net income fell in the previous quarter. In the second quarter, net income fell 20.6%.

Stock Price Performance: During December 9, 2011 to February 8, 2012, the stock price had risen $5.90 (18.6%) from $31.79 to $37.69. The stock price saw one of its best stretches over the last year between January 31, 2012 and February 7, 2012 when shares rose for six-straight days, rising 6.7% (+$2.37) over that span. It saw one of its worst periods between November 11, 2011 and November 23, 2011 when shares fell for nine-straight days, falling 15.8% (-$5.21) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com