MetLife said on Monday that it expected 2011 operating earnings, excluding investment gains and losses, of $5.1 billion to $5.5 billion, or $4.75 to $5.15 per share. Analysts polled by Thomson Reuters I/B/E/S on average expected earnings of $5.03 per share.
For this year, MetLife expects operating earnings of $4.26 to $4.36 per share, while analysts expected $4.28.
Based on the midpoint of the two ranges, the company expects a 38 percent earnings increase for next year.
For the current quarter, MetLife forecast operating earnings of $1.04 to $1.14 per share, while analysts expected $1.04.
The company also said it expected an improved operating return on equity of 11 percent for 2011.
(Reporting by Ben Berkowitz; Editing by Lisa Von Ahn)