Earnings Preview: MetLife (MET)

MetLife MET is going to report earnings tonight, and Wall Street will be looking to see what type of impact the Japanese earthquake and tsunami, and the tornadoes in the Southeast part of the U.S. have had on its business. Wall Street is looking for earnings of $1.26 per share on revenues of $15.89 billion, up from last year, when the insurer reported earnings of $1.01 on revenues of $13.07 billion. If MetLife is able to meet these numbers, this would imply a 21.6% growth in revenues from last year. Wall Street is looking for guidance of $1.27 per share on $16.04 billion in revenues next quarter. At last check, shares were trading at $45.96, down 47 cents, good for a loss 1%, inline with a broadly lower market. The stock trades at 7.9 times 2012 earnings estimates, and sports a 1.6% dividend yield. MetLife, Inc., through its subsidiaries, provides insurance, employee benefits, and financial services in the United States, Latin America, the Asia Pacific, Europe, the Middle East, and India.