Entering text into the input field will update the search result below

MetLife expands adjusted ROE target to 12%-14%

Dec. 13, 2018 5:09 PM ETMetLife, Inc. (MET) StockBy: Liz Kiesche, SA News Editor3 Comments
  • MetLife (NYSE:MET) expands its adjusted return on equity target to 12%-14%, according to slides from its 2018 outlook call posted on its website.
  • MET +0.2% in after-hours trading.
  • Maintains free cash flow targets.
  • For 2019, MetLife assumes flat yield curve, a strong U.S. dollar against most currencies, a strong U.S. economy, and a 5% appreciation for the S&P 500.
  • Sees corporate and other adjusted loss of $550M-$750M after-tax in 2019, excluding expense initiative costs.
  • Sees expense initiative costs of about $300M after-tax in 2019, none in 2020 and thereafter.
  • Conference call on Friday, Dec. 14, 9:00 AM ET.

Recommended For You

About MET Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MET--
MetLife, Inc.