NYSE$MET
Metlife Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
MetLife's first quarter 2023 results were announced.
MetLife reported a net income of $14 million, or $0.02 per share, and adjusted earnings of $1.2 billion, or $1.52 per share for the first quarter of 2023. The results reflect the company's focus on simplifying and differentiating its business.
- Net income was $14 million, or $0.02 per share, compared to $1.6 billion, or $1.89 per share, in the first quarter of 2022.
- Adjusted earnings were $1.2 billion, or $1.52 per share, compared to $1.7 billion, or $2.04 per share, in the first quarter of 2022.
- Book value per share was $36.89, down 22 percent from $47.39 at March 31, 2022.
- Holding company cash and liquid assets were $4.2 billion at March 31, 2023, above the target cash buffer of $3.0 - $4.0 billion.
Headline financials
Revenue & EPS history
MetLife · Revenue · Quarterly
$15.4B
Revenue by segment
MetLife · $10.4B total across 5 segments · Q1 2023
- Group Benefits$6.05B—57.9%
- Asia$1.79B—17.2%
- Latin America$1.37B—13.1%
- RIS$648M—6.2%
- EMEA$581M—5.6%
Forward guidance
MetLife did not provide forward guidance in the provided document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
-0.3%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+2.0%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+6.7%
Q2 2013
Best reaction
-11.3%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.7% | -3.0% | +5.6% | |
| Q4 2025 | -3.4% | -0.1% | -7.9% | |
| Q3 2025 | -3.5% | -1.1% | -0.0% | |
| Q2 2025 | +3.3% | +4.8% | +7.7% | |
| Q1 2025 | +0.5% | +1.4% | +4.3% | |
| Q4 2024 | -1.6% | -2.2% | -3.2% | |
| Q3 2024 | -5.3% | -5.2% | +6.5% | |
| Q2 2024 | -1.3% | -11.5% | +1.0% | |
| Q1 2024 | -1.2% | +0.2% | +1.8% | |
| Q4 2023 | -7.7% | -7.1% | -1.5% | |
| Q3 2023 | +0.0% | +0.7% | +6.2% | |
| Q2 2023 | +2.5% | +2.2% | +2.4% | |
| Q1 2023 | -9.0% | -9.7% | -10.9% | |
| Q4 2022 | -4.0% | -4.0% | -3.7% | |
| Q3 2022 | -1.1% | -0.0% | +4.0% | |
| Q2 2022 | +2.9% | +1.5% | +4.9% | |
| Q1 2022 | +1.3% | -1.5% | -0.7% | |
| Q4 2021 | -0.5% | +1.1% | -6.0% | |
| Q3 2021 | +0.3% | +0.1% | -6.7% | |
| Q2 2021 | +0.9% | +3.7% | +5.0% | |
| Q1 2021 | +4.1% | +3.4% | +3.5% | |
| Q4 2020 | +6.1% | +10.7% | +22.0% | |
| Q3 2020 | +2.9% | +12.4% | +21.3% | |
| Q2 2020 | +0.2% | +7.8% | +6.1% | |
| Q1 2020 | +0.5% | -0.9% | +18.9% | |
| Q4 2019 | +3.3% | +3.3% | -22.0% | |
| Q3 2019 | +0.2% | +1.9% | +6.9% | |
| Q2 2019 | -3.4% | -8.9% | -11.4% | |
| Q1 2019 | +2.8% | +3.2% | +0.2% | |
| Q4 2018 | -3.7% | -4.2% | -2.3% | |
| Q3 2018 | +5.9% | +8.3% | +8.4% | |
| Q2 2018 | +1.0% | +0.4% | +0.3% | |
| Q1 2018 | -5.6% | -0.7% | -1.4% | |
| Q4 2017 | +4.7% | +4.5% | +5.2% | |
| Q3 2017 | +4.0% | +1.4% | +0.1% | |
| Q2 2017 | -4.0% | -2.3% | -3.7% | |
| Q1 2017 | +1.2% | +2.0% | -1.1% | |
| Q4 2016 | -5.4% | -4.6% | +0.8% | |
| Q3 2016 | +0.6% | +2.5% | +19.0% | |
| Q2 2016 | -6.3% | -1.8% | +2.5% | |
| Q1 2016 | -4.4% | — | — | |
| Q4 2015 | -7.1% | — | — | |
| Q3 2015 | -2.9% | — | — | |
| Q2 2015 | +1.0% | — | — | |
| Q1 2015 | -0.1% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +1.7% | — | — | |
| Q2 2014 | -2.8% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | +0.5% | — | — | |
| Q3 2013 | -3.8% | — | — | |
| Q2 2013 | +6.7% | — | — | |
| Q1 2013 | +2.5% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q4 2011 | -8.6% | — | — | |
| Q3 2012 | +0.7% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q3 2011 | -3.2% | — | — | |
| Q2 2011 | -11.3% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2010 | +2.5% | — | — | |
| Q3 2010 | +1.8% | — | — | |
| Q2 2010 | -0.9% | — | — | |
| Q1 2009 | -5.2% | — | — | |
| Q1 2010 | +2.7% | — | — | |
| Q4 2007 | +1.9% | — | — | |
| Q4 2008 | +1.9% | — | — | |
| Q4 2009 | +1.9% | — | — | |
| Q3 2009 | +1.0% | — | — | |
| Q3 2008 | +1.0% | — | — | |
| Q2 2008 | +3.9% | — | — | |
| Q2 2009 | +3.9% | — | — |
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