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Manulife Financial Q4 Profit Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Manulife Financial (MFC.TO) revealed earnings for fourth quarter that beat the Street estimates.

The company's bottom line came in at C$1.638 billion, or C$0.88 per share. This compares with C$1.659 billion, or C$0.86 per share, last year.

Excluding items, Manulife Financial reported adjusted earnings of C$1.907 billion or C$1.03 per share for the period.

Analysts on average had expected the company to earn C$0.95 per share. Analysts' estimates typically exclude special items.

Manulife Financial earnings at a glance (GAAP) :

-Earnings: C$1.638 Bln. vs. C$1.659 Bln. last year.
-EPS: C$0.88 vs. C$0.86 last year.

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