METLIFE COMMENTS ON PRELIMINARY FIRST QUARTER 2012 RESULTS
Final Results to be Announced on April 26, 2012
NEW YORK, NY -April 20, 2012 - MetLife, Inc. (NYSE: MET) today issued the following statement regarding the company's preliminary financial results for the first quarter of 2012:
Shortly after 5:30 p.m. (ET) on April 18, 2012, MetLife furnished to the Securities and Exchange Commission (SEC) and posted to the Investor Relations section of the company's Web site a Historical Results Financial Supplement which contained historical financial information for the quarters ended in 2011. This supplement showed the new presentation format MetLife will be using for its Quarterly Financial Supplements – beginning with the quarter ended March 31, 2012 - to reflect its reorganization into six segments reflecting three broad geographic regions. This supplement was made available in advance of the company's planned first quarter 2012 earnings announcement to aid investors in understanding the impact of this recent reorganization. It also reflected the adoption and retrospective application of new guidance regarding accounting for deferred acquisition costs.
MetLife learned yesterday that the data in the version of the Historical Results Financial Supplement posted on the company's Web site could be accessed in ways to make visible the preliminary financial results for the first quarter of 2012 which were otherwise embedded in the document but not visible. Therefore, MetLife has today furnished to the SEC and posted to its Web site a new version of the supplement with the preliminary financial results for the first quarter of 2012 fully visible.
MetLife also announced today that it is rescheduling its first quarter 2012 earnings conference call and audio Webcast from Thursday, May 3, 2012 to Friday, April 27, 2012 from 8:00 to 9:00 a.m. (ET). This will follow MetLife's issuance of its first quarter press release on Thursday, April 26, 2012, after the market closes. The press release will also be available on the MetLife Investor Relations Web page at www.metlife.com.
The conference call will be available live via telephone and the Internet. To listen over the telephone, dial (612) 326-1027. To listen to the conference call over the Internet, visit www.metlife.com (through a link on the Investor Relations page). Those who want to listen to the call on the telephone or via the Internet should dial in or go to the Web site at least fifteen minutes prior to the call to register, and/or download and install any necessary audio software.
The conference call will be available for replay via telephone and the Internet beginning at 10:00 a.m. (ET) on Friday, April 27, 2012 until Friday, May 4, 2012 at 11:59 p.m. (ET). To listen to a replay of the conference call over the telephone, dial (320) 365-3844. The access code for the replay is 226301. To access the replay of the conference call over the Internet, visit the above-mentioned Web site.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 50 countries. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East. For more information, visit www.metlife.com.
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