Monday, December 17, 2012

MetLife - Uncertain Regulatory Environment And Low Yields Hold Shares Down


Shares of Metlife (MET) lost over 3% of their value over the past trading week. The provider of insurance, annuities and employee benefits programs gave a little inspiring update for the coming year.
Soft Fourth Quarter Earnings Outlook
Metlife estimates that operating earnings for the full year of 2012 will come in between $5.5 and $5.6 billion. Earnings could come in between $5.15 and $5.25 per share, up 19% from last year's earnings of $4.38 per share.
Full year revenues from serving over 90 million customers will come in between $47.3 an $47.7 billion, up 5% from last year.
Read the entire article on Seekingalpha by clicking the following link

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