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Sun Life Financial Inc. Announces Rise In Q4 Profit

Sun Life Financial Inc. (SLF.TO) revealed a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line came in at C$641 million, or C$1.05 per share. This was up from C$560 million, or C$0.91 per share, in last year's fourth quarter.

Analysts had expected the company to earn C$1.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.2% to C$8.00 billion. This was up from C$7.53 billion last year.

Sun Life Financial Inc. earnings at a glance:

-Earnings (Q4): C$641 Mln. vs. C$560 Mln. last year.
-Earnings Growth (Y-o-Y): 14.5%
-EPS (Q4): C$1.05 vs. C$0.91 last year.
-EPS Growth (Y-o-Y): 15.4%
-Analysts Estimate: C$1.03
-Revenue (Q4): C$8.00 Bln vs. C$7.53 Bln last year.
-Revenue Change (Y-o-Y): 6.2%

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

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