Earnings Snapshot: Sun Life reports $715.3 million Q4 net income
Toronto-based Sun Life has Q4 net income of $1.19 per share
By AP News
Published - Feb 08, 2023, 07:18 PM ET
Last Updated - Jun 22, 2023, 10:31 PM EDT
TORONTO (AP) — SLF" target="_blank">Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter net income of $715.3 million.
The Toronto-based company said it had net income of $1.19 per share. Earnings, adjusted for non-recurring costs, were $1.25 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The financial services company posted revenue of $9.06 billion in the period.
