Sun Life Beats 3Q Profit Forecasts
TORONTO (AP) _ Sun Life Financial Inc. (SLF) on Wednesday reported third-quarter earnings of $670.7 million.
On a per-share basis, the Toronto-based company said it had net income of $1.05. Earnings, adjusted for non-recurring gains, were 83 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
The financial services company posted revenue of $4.43 billion in the period.
Sun Life shares have risen 1 percent since the beginning of the year. The stock has increased 15 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at https://www.zacks.com/ap/SLF
Investigation: SIU scientist’s herpes vaccine research violated rules
Survey Reveals Emotions Influence Planning, Life Goals, Retirement
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News