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MetLife (MET) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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For the quarter ended September 2026, MetLife (MET - Free Report) reported revenue of $19.91 billion, up 11.2% over the same period last year. EPS came in at $2.85, compared to $2.34 in the year-ago quarter.

The reported revenue represents a surprise of -1.02% over the Zacks Consensus Estimate of $20.11 billion. With the consensus EPS estimate being $2.71, the EPS surprise was +5.17%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MetLife performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Institutional Client AUM: $307.96 billion versus the three-analyst average estimate of $326.37 billion.
  • Total AUM: $723.44 billion compared to the $753.76 billion average estimate based on three analysts.
  • METLIFE INVESTMENT MANAGEMENT(MIM)-GA AUM: $415.48 billion compared to the $427.39 billion average estimate based on three analysts.
  • Adjusted Revenue- Latin America- Universal life and investment-type product policy fees: $425 million versus the three-analyst average estimate of $403.99 million. The reported number represents a year-over-year change of +12.7%.
  • Adjusted Revenue- EMEA- Net investment income: $73 million versus the three-analyst average estimate of $69.44 million. The reported number represents a year-over-year change of +9%.
  • Adjusted Revenue- Latin America- Other Revenues: $-15 million versus the three-analyst average estimate of $-2.93 million. The reported number represents a year-over-year change of +650%.
  • Adjusted Revenue- EMEA- Other Revenues: $12 million versus the three-analyst average estimate of $8.74 million. The reported number represents a year-over-year change of +71.4%.
  • Revenue- Premiums: $11.82 billion versus the four-analyst average estimate of $12.11 billion. The reported number represents a year-over-year change of +12%.
  • Revenue- Other Revenues: $853 million versus the four-analyst average estimate of $767.89 million. The reported number represents a year-over-year change of +17.8%.
  • Revenue- Net investment income: $6.2 billion compared to the $5.89 billion average estimate based on four analysts. The reported number represents a change of +1.8% year over year.
  • Revenue- Universal life and investment-type product policy fees: $1.39 billion compared to the $1.35 billion average estimate based on four analysts. The reported number represents a change of +11.1% year over year.
  • Adjusted Revenue- Retirement & Income Solutions- Premiums: $1.82 billion versus the three-analyst average estimate of $2 billion. The reported number represents a year-over-year change of +74.5%.

View all Key Company Metrics for MetLife here>>>

Shares of MetLife have returned +3.6% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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