Manulife: Q4 Earnings Snapshot
By AP News
Published - Feb 16, 2023, 06:15 AM ET
Last Updated - Jun 22, 2023, 09:21 PM EDT
TORONTO (AP) — TORONTO (AP) — Manulife Financial Corp. (MFC) on Wednesday reported fourth-quarter profit of $1.39 billion.
The Toronto-based company said it had net income of 70 cents per share. Earnings, adjusted for non-recurring gains, were 65 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.
The financial services company posted revenue of $11.34 billion in the period.
