Metlife Inc (MET) Beats Analyst Expectations

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Competition

The company is competing with other insurance giants with major global footprint, including Prudential Financial Inc (NYSE:PRU). Prudential has a market cap of around $26.5 billion and posted a bottom line of $1.69 per share for the fourth quarter, below $1.74 consensus mean estimate. PRU’s fourth quarter could be characterized a mixed with solid underwriting quarter across the US businesses and strong flows in Asset Management.

Conclusion

Metlife has continued to show strength in its core business, and its vast global footprint gives the company advantage on its peers. Therefore, I am bullish on Metlife and recommend investors buy the stock.

The article This Insurance Giant Beats Analyst Expectations originally appeared on Fool.com and is written by Adnan Khan.

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