Investing.com - MetLife (NYSE:MET) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
MetLife announced earnings per share of $2 on revenue of $15.56B. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $16.04B.
MetLife shares are up 1.81% from the beginning of the year, still down 13.06% from its 52 week high of $73.18 set on April 21. They are outperforming the S&P 500 which is down 12.82% from the start of the year.
MetLife shares gained 1.70% in after-hours trade following the report.
MetLife follows other major Financial sector earnings this month
MetLife's report follows an earnings beat by Berkshire Hathaway A on July 19, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4277.66 on revenue of $70.32B.
JPMorgan had missed expectations on July 14 with second quarter EPS of $2.76 on revenue of $30.72B, compared to forecast for EPS of $2.89 on revenue of $31.86B.
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