MetLife (MET) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared to the immediately preceding quarter. However, it increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$558M
Revenue reported for this quarter.
Quarter-over-quarter
-3.3%
Change from the immediately preceding quarter.
Year-over-year
+2.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $554M | +8.4% |
| Dec 31, 2023 | $19B | +21.9% |
| Mar 31, 2024 | $577M | +2.7% |
| Jun 30, 2024 | $558M | +2.2% |
Revenue performance
The reported revenue moved downward from the prior quarter, reflecting a sequential contraction.
Quarterly comparison
Compared with the same quarter a year ago, revenue was higher. The sequential decline contrasts with the year-over-year gain.
What to watch
The sequential revenue decline may warrant monitoring for any emerging trends.