MetLife (MET $32.90 +1.14) issued downside guidance for the fourth quarter with EPS of $1.16-1.26 versus the $1.28 Capital IQ Consensus. The company issued in-line guidance for fiscal year 2012 with EPS of $4.80-5.20 versus the $5.18 consensus.
In addition to operating earnings growth in 2012, the company projects it will increase premiums, fees & other revenues by 5% over 2011 to between $47.3-48.6 billion. For 2011, the company expects to grow its premiums, fees & other revenues 32% to be between $46.3-46.8 billion, compared with $35.2 billion in 2010.
Book value per share at year-end 2011 is expected to be between $56.15-57.25, up 28% from $44.18 at year-end 2010.






