MetLife Among Key Financial Stocks Firing Up Profits

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Allied World Assurance Company Holdings Ltd. (NYSE:AWH) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-1.58 in the quarter versus EPS of $2.40 in the year-earlier quarter. Revenue decreased 32.76% to $362.62 million from the year-earlier quarter.

Allied World Assurance Company Holdings Ltd. reported adjusted EPS loss of $-1.58 per share. By that measure, the company beat the mean analyst estimate of $-1.96. It missed the average revenue estimate of $449.33 million.

AWH

Cousins Properties Inc. (NYSE:CUZ) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased to $0.15 in the quarter versus EPS of $0.16 in the year-earlier quarter. Revenue decreased 8.52% to $39.3 million from the year-earlier quarter.

Cousins Properties Inc. reported adjusted EPS income of $0.15 per share. By that measure, the company beat the mean analyst estimate of $0.10. It beat the average revenue estimate of $34.2 million.

CUZ

Encore Capital Group, Inc. (NASDAQ:ECPG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 3.66% to $0.79 in the quarter versus EPS of $0.67 in the year-earlier quarter. Revenue rose 19% to $143.61 million from the year-earlier quarter.

Encore Capital Group, Inc. reported adjusted EPS income of $0.79 per share. By that measure, the company beat the mean analyst estimate of $0.78. It beat the average revenue estimate of $143.6 million.

ECPG

MetLife, Inc. (NYSE:MET) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 5.3% to $1.25 in the quarter versus EPS of $1.31 in the year-earlier quarter. Revenue rose 9.64% to $18.36 billion from the year-earlier quarter.

MetLife, Inc. reported adjusted EPS income of $1.25 per share. By that measure, the company beat the mean analyst estimate of $1.18. It beat the average revenue estimate of $17.25 billion.

MET

NetSpend Holdings, Inc. (NASDAQ:NTSP) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased to $0.15 in the quarter versus EPS of $0.13 in the year-earlier quarter. Revenue rose 16.86% to $89.7 million from the year-earlier quarter.

NetSpend Holdings, Inc. reported adjusted EPS income of $0.15 per share. By that measure, the company met the mean analyst estimate of $0.15. It beat the average revenue estimate of $88.83 million.

NTSP

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