For the quarter ended June 2024, MetLife (MET) reported revenue of $18.68 billion, up 0.3% over the same period last year. EPS came in at $2.28, compared to $1.94 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $18.19 billion, representing a surprise of +2.69%. The company delivered an EPS surprise of +7.04%, with the consensus EPS estimate being $2.13.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

总体财务表现 - 2024年第二季度，MetLife的总收入为178.23亿美元，较去年同期增长5.6%[6] - 2024年第二季度，MetLife的净投资收益为52.05亿美元，较去年同期增长1.9%[6] - 2024年第二季度，MetLife的净利润为9.53亿美元，较去年同期增长9.1%[6] - 2024年第二季度，MetLife的总支出为166.21亿美元，较去年同期增长10.5%[6] - 2024年第二季度，MetLife的净投资损益为4.21亿美元，较去年同期增长13.6%[6] - 2024年第二季度，MetLife的净利润归属于公司普通股股东为9.12亿美元，较去年同期增长13.6%[6] - 2024年第二季度，MetLife的总保费、费用和其他收入为135.47亿美元，较去年同期增长7.4%[6] - MetLife, Inc. 2024年6月30日的调整后每股收益为1.83美元[9] - MetLife, Inc. 2024年6月30日的每股净资产为33.30美元[12] - MetLife, Inc. 2024年6月30日的普通股东权益回报率为15.2%[13] - MetLife公司普通股东权益的调整后回报率为27.0%[120] - MetLife公司普通股东权益，不包括总显著项目，回报率为17.3%[120] 投资情况 - 2024年6月30日，MetLife的总投资额为436,829百万美元，其中固定成熟证券占比最大，为277,736百万美元[31] - 2024年6月30日，MetLife的现金及现金等价物为20,786百万美元，较之前几个季度有所增加[31] - 2024年6月30日，MetLife的未来保单责任为190,993百万美元，是负债中的最大部分[31] - 2024年6月30日，MetLife的股东权益为27,540百万美元，较之前几个季度有所下降[31] 区域业务表现 - 集团福利业务在2024年第二季度调整前税前盈利为674亿美元，同比增长约16%[33] - 亚洲业务在2024年第二季度调整前税前盈利为625亿美元，同比增长约49%[33] - 集团福利业务在2024年第二季度调整后税前盈利为533亿美元，同比增长约43%[36] - 亚洲地区调整后的保费、费用和其他收入为3,412百万美元[52] - 亚洲地区调整后的其他费用为702百万美元[52] - 亚洲地区调整后的总销售额为630百万美元[52] - 拉丁美洲地区调整后的净收入为872百万美元[57] - 拉丁美洲地区调整后的总销售额为630百万美元[57] 财务指标 - 调整后的收入总额为47.71亿美元，较上一季度的44.87亿美元有所增长[40] - 调整后的净投资收入为19.48亿美元，较上一季度的20.09亿美元略有下降[40] - 调整后的总支出为42.44亿美元，较上一季度的38.93亿美元有所增加[40] - 未来政策利益余额在2024年6月底达到69.39亿美元[43] - 保单持有人账户余额在2024年6月底为84.27亿美元[43] - 长寿再保险在2024年6月底的余额为24.42亿美元[43] - 2024年6月底的直接和分配费用为7.4亿美元[46] - 投资收益率为5.30%，较上一季度的5.28%略有增加[46] - 年化普通账户利差为1.21%，较上一季度的1.27%有所下降[46]

文章核心观点 - MetLife, Inc. (MET) 将于2024年7月31日收盘后发布2024年第二季度财报 [1] 估计 - 第二季度每股收益的Zacks共识估计为2.13美元，较上年同期报告的数字增长9.8% [2] - 过去一个月，一位分析师下调了估计，而五位分析师上调了估计，导致每股收益从2.17美元下降4美分至2.13美元 [2] - 收入共识估计为182亿美元，较上年同期下降2.4% [2] 盈利惊喜历史 - 在过去的四个季度中，MetLife的底线在其中一个季度超过了估计，一次与估计相符，两次未达到估计，平均惊喜为0.71% [3] 定量模型预测 - 公司的定量模型并未明确预测MetLife此次会盈利超出预期 [4] - MetLife的盈利ESP为-0.74%，因为最准确的估计目前为2.11美元，低于Zacks共识估计的2.13美元 [4] - MetLife目前的Zacks排名为3 [4] 关键因素 - MetLife的收入预计将从净投资收入的增加中受益，这可能是由于私募股权收益导致的可变投资收入增加 [5] - 净投资收入的Zacks共识估计为51亿美元，较上年同期报告的数字增长1.5% [5] - 总体保费的下降可能会部分抵消MET的顶线增长 [6] - 总保费的共识估计为111亿美元，较上年同期报告的数字下降4.9% [6] - 团体福利、亚洲和拉丁美洲部门的良好贡献预计将推动MET的季度业绩 [6] - 团体福利业务的调整后收益的Zacks共识估计为4.139亿美元，较上年同期报告的数字增长11.3% [6] - RIS部门的业绩可能会受到第二季度 recurring interest margins 下降和不太有利的 underwriting margins 的影响 [7] - RIS部门的调整后收入的共识估计为38亿美元，较上年同期报告的数字下降19.5% [7] - 亚洲部门的调整后收入的共识估计为29亿美元，较上年同期报告的数字增长5.6% [7] - 拉丁美洲部门的调整后收入的共识估计为19亿美元，较上年同期报告的数字增长7.5% [8] - 拉丁美洲部门的调整后收益的共识估计较上年同期报告的数字增长1.9% [8] - 许多成本削减举措可能会为MetLife的利润率提供一些缓解 [8] 考虑的股票 - Kemper Corporation (KMPR) 目前的盈利ESP为+14.77%，Zacks排名为1 [9] - Palomar Holdings, Inc. (PLMR) 目前的盈利ESP为+1.34%，Zacks排名为2 [9] - The Allstate Corporation (ALL) 目前的盈利ESP为+36.50%，Zacks排名为3 [10]

The upcoming report from MetLife (MET) is expected to reveal quarterly earnings of $2.13 per share, indicating an increase of 9.8% compared to the year-ago period. Analysts forecast revenues of $18.19 billion, representing a decrease of 2.4% year over year.The current level reflects a downward revision of 1.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prio ...

MetLife, Inc.’s (MET) institutional asset management arm, MetLife Investment Management (“MIM”), recently launched its second private equity fund, MetLife Investment Private Equity Partners II, securing around $1.2 billion in commitments. This new fund, aimed at institutional clients, includes a portfolio of about $860 million in private equity and co-investment interests. Combined with funded and unfunded commitments, the total reaches $975 million.The transaction was anchored by Lexington Partners L.P., t ...

MetLife, Inc. (MET) recently teamed up with the international health solutions provider for the Blue Cross Blue Shield companies, GeoBlue, to introduce Globaline. GeoBlue is supported by 15 Blue Cross Blue Shield companies and Bupa.Being an expatriate benefits solution, Globaline has been devised with the collective expertise of two global benefits leaders and combines health and ancillary insurance under a single roof. While medical, dental, vision, prescription, wellness, an international employee assista ...

MetLife, Inc. (MET) recently announced expanding its collaboration with Micruity, a leader in retirement technology solutions. Both companies will work on the development of MET’s Universal Digital Retirement Platform, aiming to provide accessible and simple retirement income solutions.This move bodes well for MetLife as it will be able to streamline and simplify the way plan sponsors can offer its retirement income solutions in their Defined Contribution plans. MET’s Institutional Income Annuities business ...

MetLife, Inc.’s (MET) unit, Metropolitan Tower Life Insurance Company, recently inked a deal with the American multinational conglomerate, 3M. As a result, the MetLife subsidiary will assume defined benefit pension obligations of around $2.5 billion and deliver annuity benefits to roughly 23,000 retirees and beneficiaries of the 3M Employee Retirement Income Plan.A group annuity contract was bought from Metropolitan Tower Life this month. However, the monthly pension benefits received by retirees, their spo ...

For Immediate ReleaseChicago, IL – June 14, 2024 – Today, Zacks Equity Research discusses MetLife Inc. (MET) , American International Group Inc. (AIG) , Prudential Financial Inc. (PRU) , The Hartford Financial Services Group (HIG) and Old Republic International Corp. (ORI) .Industry: Multi-line InsuranceLink: https://www.zacks.com/commentary/2287921/5-multiline-insurers-to-watch-amid-rising-insurance-demandProduct diversification helps Zacks Multiline Insurance industry players lower concentration risk, ens ...

MetLife, Inc. (MET) is reportedly in talks to acquire Hayfin Capital Management, a London-based private credit specialist, per Bloomberg. The potential deal might value Hayfin Capital Management at $1.3 billion. The company has been looking to divest its operations for the past year and has even attracted interest from several parties.Hayfin Capital Management was founded in 2019 by former Goldman Sachs executives Tim Flynn and Mark Tognolini. The company invests across the private credit spectrum, focusing ...