SMARTREND NEWS & MARKET ANALYSIS
SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
News Watch
MetLife, Inc. Misses Q1 Estimates - 4/30/2009 5:23:13 PM

MetLife, Inc. (NYSE:MET) reported Q1 EPS of $0.20 per share, ex-items, missing consensus estimates of $0.34. Revenues in the quarter declined 12.1% year-over-year to $10.21 billion, missing consensus estimates of $11.93 billion. C. Robert Henrikson, CEO of MetLife, said, "We once again demonstrated the benefit of our diverse mix of businesses, which continued to perform well despite the impact that lower investment income and unfavorable equity markets have had on earnings. In the quarter, revenue in several of our group businesses rose; U.S. annuity deposits increased significantly while net flows remained positive; and our International business grew its top line on a constant currency basis."


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html



 



Comtex News Network, Inc. is not a registered investment advisor and does not provide investment advice.
Copyright Comtex News Network, Inc