NYSE:METInsurance
MetLife (MET): Exploring Valuation Following Lower Earnings and Completion of Major Share Buyback
MetLife (MET) just posted its third quarter earnings, revealing a decline in both revenue and net income compared to last year. Alongside these results, the company has completed a major share buyback round.
See our latest analysis for MetLife.
Despite some recent turbulence, MetLife’s share price has managed to hold up, closing at $78.64 after the latest earnings and buyback news. The 1-year total shareholder return is down a modest 2.9%, but long-term holders have fared well with a nearly...