08:02 AM EST, 12/12/2024 (MT Newswires) -- MetLife ( MET ) said Thursday that it expects double-digit adjusted earnings per share growth over the next five years.

Under its five-year plan, the insurance company also expects an adjusted return on equity of 15% to 17%, a 100-basis-point reduction in direct expense ratio target, and free cash flow of $25 billion.

MetLife ( MET ) said it will present its growth plan at its investor day later Thursday.