MetLife: Q1 Earnings Snapshot

NEW YORK (AP) _ MetLife Inc. (MET) on Wednesday reported first-quarter net income of $669 million.

The New York-based company said it had profit of 73 cents per share. Earnings, adjusted for non-recurring costs, came to $2.08 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share.

The insurer posted revenue of $15.76 billion in the period. Its adjusted revenue was $17.72 billion, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $17.12 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MET at https://www.zacks.com/ap/MET