MetLife (MET) Misses Q4 EPS by 7c

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Go back to MetLife (MET) Misses Q4 EPS by 7c

MetLife Announces Fourth Quarter and Full Year 2016 Results

February 1, 2017 4:22 PM EST

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced the following results for the fourth quarter and full year 2016:

Fourth Quarter Results

On a GAAP basis, MetLife reported a fourth quarter 2016 net loss of $2.1 billion, compared to net income of $785 million in the fourth quarter of 2015. On a per share basis, the net loss was $1.94, compared to net income of $0.70 per share in the prior-year period.

The net loss includes $3.2 billion, after tax, in net derivative losses reflecting changes in interest rates, foreign currencies and equity markets,... More