MetLife Inc (MET) recently reported its third quarter 2024 financial results, revealing that the company's earnings per share stood at $1.81 and overall revenue reached 18.44 billion, both metrics missing estimates. The company's stock was subsequently sold by the New York State Common Retirement Fund, further symbolizing investment trends. MetLife was also compared unfavorably to other finance stocks this year, yet those who invested in the company five years prior saw a 121% increase. During the earnings call, MetLife's CFO, John McCallion, gave noteworthy observations. Significant topics explored included MetLife pet's partnership with the Human Animal Bond Research Institute, and the Community Impact Grant Program recipients for 2024. However, concerns loom due to the company's weak group benefits unit and high costs. Several checks were suggested before investing in MetLife's next dividend. One final intriguing update is MetLife's talk to acquire Pinebridge Investments' assets excluding China, following a $1.2 billion securing for the second Private Equity Fund.
Metlife MET News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 02 Nov 2024 10:52:37 GMT -
Rating -5
- Innovation -4
- Information 6
- Rumor -3
