Investing.com - MetLife Inc (NYSE:MET) released second quarter results that came in just above analysts' estimates, earning $1.30 per share (adjusted) in the second quarter on revenue of $17.2 billion. Analysts were looking for the company to earn $1.28 per share on revenue of $17.1 billion.
Metlife's revenue for premiums during the quarter was $9.9 billion, revenue for universal life and investment-type product policy fees was $2.3 billion. Other revenue totaled $382.0 million.
"We continue to make progress on the transformation of MetLife, delivering strong results globally, including in Group Benefits, Asia, EMEA and Latin America," said Steven A. Kandarian, chairman, president, and CEO, MetLife, Inc. "In addition, the Brighthouse Financial spin-off is expected to be completed on August 4 and we remain on track with our plan to return approximately $4.5 billion to shareholders this year in dividends and share repurchase."
Metlife closed Wednesday's regular session down 0.39% at $55.48. Shares moved fractionally higher following the company's after hours earnings release.