MetLife Beats on Profit, Approves $3 Billion Share Buyback
The MetLife Building in New York.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
MetLife Inc. reported earnings that beat analysts’ expectations for the first quarter.
The biggest US life insurer reported earnings per share of $1.83, according to a statement Wednesday, higher than the consensus estimates compiled by Bloomberg. The company also authorized $3 billion in share buybacks.