MetLife: Q4 Earnings Snapshot

NEW YORK (AP) _ MetLife Inc. (MET) on Wednesday reported fourth-quarter profit of $1.34 billion.

The New York-based company said it had net income of $1.66 per share. Earnings, adjusted for non-recurring gains, were $1.55 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.

The insurer posted revenue of $16.32 billion in the period. Its adjusted revenue was $15.84 billion, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $16.95 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