MetLife (NYSE: MET) reported Q4 EPS of $1.98, $0.61 better than the analyst estimate of $1.37. Revenue for the quarter came in at $17.14 billion versus the consensus estimate of $16.82 billion.

Fourth Quarter Results Summary

• Net income of $536 million, or $0.58 per share, compared to net income of $2.0 billion, or $2.04 per share, in the fourth quarter of 2018.
• Adjusted earnings of $1.8 billion, or $1.98 per share, compared to adjusted earnings of $1.3 billion, or $1.35 per share in the fourth quarter of 2018.
• Adjusted earnings, excluding total notable items, of $1.4 billion, or $1.53 per share, compared to adjusted earnings, excluding total notable items, of $1.2 billion, or $1.26 per share for the fourth quarter of 2018.
• ROE of 3.4 percent.
• Adjusted ROE, excluding AOCI other than FCTA, of 16.4 percent.

“MetLife had a solid fourth quarter of 2019 to cap a very strong year,” said Michel Khalaf, president and CEO of MetLife, Inc. “For the full year, we delivered adjusted earnings per share growth of 13 percent, achieved a 13.1 percent adjusted return on equity*, and generated strong free cash flow that funded roughly $4 billion of common dividends and share repurchases. We enter 2020 confident our Next Horizon strategy will make us a simpler and more focused company that creates significant long-term value for our customers and shareholders.”

For earnings history and earnings-related data on MetLife (MET) click here.